SigFig Wealth Management LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 6.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 393,623 shares of the company’s stock after selling 26,754 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 0.5% of SigFig Wealth Management LLC’s investment portfolio, making the stock its 27th largest holding. SigFig Wealth Management LLC owned 0.17% of SPDR Portfolio Emerging Markets ETF worth $14,481,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the second quarter valued at about $27,000. Frazier Financial Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $32,000. Lynx Investment Advisory purchased a new position in SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $35,000. American National Bank grew its holdings in SPDR Portfolio Emerging Markets ETF by 132.0% during the second quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after purchasing an additional 1,020 shares during the period. Finally, SouthState Corp purchased a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter worth $86,000.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of NYSEARCA SPEM opened at $38.31 on Monday. The stock has a market capitalization of $9.09 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $39.32. The business’s fifty day moving average price is $38.03 and its 200-day moving average price is $37.38.
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.
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