Weitzel Financial Services Inc. Sells 738 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Weitzel Financial Services Inc. lowered its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,507 shares of the company’s stock after selling 738 shares during the period. Weitzel Financial Services Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $224,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 71.8% in the first quarter. JPMorgan Chase & Co. now owns 144,187 shares of the company’s stock worth $5,571,000 after purchasing an additional 60,258 shares during the last quarter. US Bancorp DE increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 346.8% in the 1st quarter. US Bancorp DE now owns 5,522 shares of the company’s stock worth $214,000 after buying an additional 4,286 shares during the last quarter. BlackRock Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.5% in the 1st quarter. BlackRock Inc. now owns 3,663 shares of the company’s stock worth $142,000 after buying an additional 349 shares during the last quarter. Blair William & Co. IL raised its position in shares of SPDR Portfolio Emerging Markets ETF by 50.0% during the 1st quarter. Blair William & Co. IL now owns 80,447 shares of the company’s stock valued at $3,108,000 after buying an additional 26,817 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 13.4% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 14,700 shares of the company’s stock worth $568,000 after acquiring an additional 1,735 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.5 %

NYSEARCA:SPEM traded down $0.16 during midday trading on Friday, hitting $34.34. The company had a trading volume of 1,350,299 shares, compared to its average volume of 1,697,123. The company has a market capitalization of $7.35 billion, a PE ratio of 10.59 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 52-week low of $29.80 and a 52-week high of $36.44. The stock’s fifty day moving average price is $34.75 and its 200-day moving average price is $34.28.

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.