Perigon Wealth Management LLC lessened its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 22.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,236 shares of the company’s stock after selling 6,265 shares during the period. Perigon Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $787,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Anchor Investment Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $28,000. Sanctuary Wealth Management L.L.C. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $28,000. Carmichael Hill & Associates Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at $32,000. PCA Investment Advisory Services Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $32,000. Finally, FinTrust Capital Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $36,000.
SPDR Portfolio Emerging Markets ETF Trading Down 2.0 %
NYSEARCA SPEM opened at $36.01 on Monday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $37.06. The stock’s 50-day moving average price is $35.81 and its two-hundred day moving average price is $34.73. The company has a market cap of $8.55 billion, a PE ratio of 12.11 and a beta of 0.78.
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.
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