Waller Financial Planning Group Inc. Reduces Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Waller Financial Planning Group Inc. decreased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 92.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 33,267 shares of the company’s stock after selling 434,716 shares during the period. Waller Financial Planning Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,276,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Koss Olinger Consulting LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth approximately $30,376,000. State Street Corp grew its position in SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares during the last quarter. LPL Financial LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in SPDR Portfolio Emerging Markets ETF by 71.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 920,076 shares of the company’s stock valued at $34,659,000 after acquiring an additional 383,320 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after acquiring an additional 323,995 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM traded up $0.21 during trading on Friday, reaching $38.44. The company had a trading volume of 418,203 shares, compared to its average volume of 1,340,855. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.52 and a fifty-two week high of $42.88. The stock’s fifty day moving average price is $39.68 and its 200 day moving average price is $39.16. The firm has a market capitalization of $9.13 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.