Triumph Capital Management Trims Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Triumph Capital Management cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,774 shares of the company’s stock after selling 1,558 shares during the quarter. Triumph Capital Management’s holdings in SPDR Portfolio Emerging Markets ETF were worth $759,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPEM. Tallon Kerry Patrick purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $491,000. Carnegie Investment Counsel grew its position in SPDR Portfolio Emerging Markets ETF by 2.6% during the 4th quarter. Carnegie Investment Counsel now owns 13,151 shares of the company’s stock valued at $505,000 after purchasing an additional 335 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in SPDR Portfolio Emerging Markets ETF by 13.1% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 105,138 shares of the company’s stock valued at $4,034,000 after purchasing an additional 12,166 shares during the last quarter. Merit Financial Group LLC grew its position in SPDR Portfolio Emerging Markets ETF by 1.2% during the 4th quarter. Merit Financial Group LLC now owns 164,100 shares of the company’s stock valued at $6,297,000 after purchasing an additional 2,007 shares during the last quarter. Finally, Mason & Associates LLC grew its position in SPDR Portfolio Emerging Markets ETF by 6.7% during the 4th quarter. Mason & Associates LLC now owns 110,126 shares of the company’s stock valued at $4,226,000 after purchasing an additional 6,869 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $41.69 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $42.88. The company’s 50-day moving average is $39.12 and its 200 day moving average is $39.23. The company has a market capitalization of $11.44 billion, a price-to-earnings ratio of 14.73 and a beta of 0.56.

SPDR Portfolio Emerging Markets ETF Profile

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.