Hilltop Wealth Advisors LLC Sells 916 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Hilltop Wealth Advisors LLC cut its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,285 shares of the company’s stock after selling 916 shares during the quarter. Hilltop Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $625,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in SPEM. Archer Investment Corp bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $39,000. Hershey Financial Advisers LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $49,000. Strategic Financial Concepts LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 649.3% during the second quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after buying an additional 128,861 shares during the last quarter. McClarren Financial Advisors Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 583.2% in the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after acquiring an additional 2,193 shares during the period. Finally, JGP Wealth Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $204,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock traded down $0.27 during mid-day trading on Wednesday, reaching $38.01. 435,805 shares of the company’s stock traded hands, compared to its average volume of 1,803,799. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.52 and a 12 month high of $42.88. The firm has a 50 day moving average price of $39.54 and a two-hundred day moving average price of $39.18. The firm has a market capitalization of $9.02 billion, a PE ratio of 13.05 and a beta of 0.81.

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.