CFS Investment Advisory Services LLC Sells 1,145 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

CFS Investment Advisory Services LLC cut its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,240 shares of the company’s stock after selling 1,145 shares during the period. CFS Investment Advisory Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,033,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $27,000. Lynx Investment Advisory bought a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $35,000. Archer Investment Corp acquired a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth $39,000. Hershey Financial Advisers LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $49,000. Finally, American National Bank increased its holdings in SPDR Portfolio Emerging Markets ETF by 132.0% during the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock worth $68,000 after purchasing an additional 1,020 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $39.31 on Friday. The firm has a market cap of $9.33 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The stock’s 50-day moving average is $40.47 and its 200-day moving average is $38.84. SPDR Portfolio Emerging Markets ETF has a one year low of $33.52 and a one year high of $42.88.

SPDR Portfolio Emerging Markets ETF Company 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.