Planwiser Financial LLC Sells 19,510 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Planwiser Financial LLC cut its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 26.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,968 shares of the company’s stock after selling 19,510 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up about 2.0% of Planwiser Financial LLC’s investment portfolio, making the stock its 19th biggest position. Planwiser Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,394,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Knuff & Co LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $29,000. Brooklyn Investment Group bought a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $32,000. Sachetta LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 2,263.9% during the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after buying an additional 815 shares in the last quarter. Webster Bank N. A. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at approximately $40,000. Finally, Addison Advisors LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $49,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $47.00 on Tuesday. The company has a market capitalization of $14.51 billion, a PE ratio of 15.39 and a beta of 0.56. The company’s fifty day moving average price is $47.16 and its 200-day moving average price is $44.90. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $48.56.

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.