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

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

A number of other large investors also recently modified their holdings of the company. Jane Street Group LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $57,992,000. 3EDGE Asset Management LP boosted its stake in SPDR Portfolio Emerging Markets ETF by 2,500.7% during the first quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock valued at $30,598,000 after buying an additional 747,171 shares during the period. LPL Financial LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 6.1% during the first quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after buying an additional 620,049 shares during the period. Cerity Partners LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 24.6% during the first quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock valued at $108,913,000 after buying an additional 545,724 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 7.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock valued at $250,466,000 after acquiring an additional 461,936 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5%

Shares of SPEM opened at $47.24 on Wednesday. The company has a market cap of $14.53 billion, a PE ratio of 15.39 and a beta of 0.68. The stock has a 50-day moving average price of $45.20 and a 200-day moving average price of $42.38. 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 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.