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flag Wrapmanager reduced its holdings in two ETFs in Q3 2025, cutting stakes in SPEM and SPDW.

flag Wrapmanager Inc. reduced its stake in the SPDR Portfolio Emerging Markets ETF (SPEM) by 16.2% in Q3 2025, holding 292,337 shares worth $13.7 million, making it the firm’s fourth-largest holding. flag The ETF, managed by State Street, had a market cap of $16.85 billion and traded at $50.45 as of Feb. 24, 2026. flag Meanwhile, Wrapmanager cut its position in the SPDR Portfolio Developed World ex-US ETF (SPDW) by 11.2%, leaving it with 379,304 shares valued at $16.23 million, its third-largest holding. flag SPDW, tracking the S&P/Citigroup BMI World Ex US Index, had a market cap of $37.54 billion and traded at $49.12.

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