Kelly Financial Services LLC Sells 19,167 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Kelly Financial Services LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 49.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,209 shares of the company’s stock after selling 19,167 shares during the quarter. Kelly Financial Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of SPEM. Wealth Alliance Advisory Group LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.5% during the 4th quarter. Wealth Alliance Advisory Group LLC now owns 214,785 shares of the company’s stock worth $8,241,000 after acquiring an additional 1,168 shares during the last quarter. Moss Adams Wealth Advisors LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 161,023 shares of the company’s stock worth $6,178,000 after purchasing an additional 6,983 shares during the last quarter. Riversedge Advisors LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the 4th quarter. Riversedge Advisors LLC now owns 115,481 shares of the company’s stock worth $4,431,000 after purchasing an additional 1,238 shares in the last quarter. Kera Capital Partners Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $666,000. Finally, CGN Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 3.6% during the 4th quarter. CGN Advisors LLC now owns 485,319 shares of the company’s stock valued at $18,622,000 after purchasing an additional 16,704 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $38.26 on Friday. The company has a market capitalization of $9.08 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The business has a 50 day moving average of $39.09 and a 200 day moving average of $39.17. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.72 and a 1-year high of $42.88.

About SPDR Portfolio Emerging Markets ETF

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.