Verus Capital Partners LLC Has $708,000 Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Verus Capital Partners LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,455 shares of the company’s stock after selling 598 shares during the quarter. Verus Capital Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $708,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after acquiring an additional 1,878 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after purchasing an additional 4,049 shares in the last quarter. Forbes J M & Co. LLP increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 4th quarter. Forbes J M & Co. LLP now owns 265,153 shares of the company’s stock valued at $10,174,000 after purchasing an additional 1,728 shares during the last quarter. Advisory Resource Group raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.4% during the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after buying an additional 3,068 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after buying an additional 19,370 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 1.3 %

NYSEARCA:SPEM opened at $38.86 on Friday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $35.00 and a twelve month high of $42.88. The stock’s 50-day simple moving average is $38.87 and its 200 day simple moving average is $39.45. The firm has a market capitalization of $10.15 billion, a PE ratio of 14.32 and a beta of 0.66.

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.