Richard P Slaughter Associates Inc Sells 12,469 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Richard P Slaughter Associates Inc cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 52.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,477 shares of the company’s stock after selling 12,469 shares during the quarter. Richard P Slaughter Associates Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $440,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in SPDR Portfolio Emerging Markets ETF by 10.4% in the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares in the last quarter. LPL Financial LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 71.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 920,076 shares of the company’s stock worth $34,659,000 after acquiring an additional 383,320 shares in the last quarter. Tidal Investments LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $13,246,000. Finally, Magnolia Capital Advisors LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $10,530,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $37.51 on Wednesday. The stock’s 50 day simple moving average is $39.26 and its 200 day simple moving average is $39.18. SPDR Portfolio Emerging Markets ETF has a twelve month low of $33.52 and a twelve month high of $42.88. The company has a market capitalization of $8.90 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.