Watershed Private Wealth LLC Sells 6,395 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Watershed Private Wealth LLC reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 19.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,391 shares of the company’s stock after selling 6,395 shares during the period. Watershed Private Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,128,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 66.1% during the 1st quarter. Golden State Wealth Management LLC now owns 7,133 shares of the company’s stock worth $281,000 after acquiring an additional 2,839 shares during the period. ORBA Wealth Advisors L.L.C. boosted its position in SPDR Portfolio Emerging Markets ETF by 12.3% during the first quarter. ORBA Wealth Advisors L.L.C. now owns 108,024 shares of the company’s stock worth $4,253,000 after purchasing an additional 11,790 shares during the period. Focus Financial Network Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 3.8% during the second quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock worth $307,000 after purchasing an additional 263 shares during the period. Golden State Equity Partners bought a new position in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $1,102,000. Finally, Goldman Sachs Group Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after purchasing an additional 6,463 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5%

SPEM opened at $47.24 on Wednesday. The company has a 50 day moving average of $45.20 and a 200 day moving average of $42.38. The company has a market cap of $14.53 billion, a PE ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $47.67.

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.