Zinnia Wealth Advisory LLC Makes New $2.02 Million Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Zinnia Wealth Advisory LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, Holdings Channel reports. The firm purchased 43,217 shares of the company’s stock, valued at approximately $2,023,000. SPDR Portfolio Emerging Markets ETF comprises about 2.2% of Zinnia Wealth Advisory LLC’s portfolio, making the stock its 12th largest position.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $289,000. AQR Capital Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 80.2% during the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock valued at $1,236,000 after buying an additional 13,972 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 6.6% in the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after purchasing an additional 6,463 shares during the last quarter. First Trust Advisors LP raised its holdings in SPDR Portfolio Emerging Markets ETF by 2.8% during the 2nd quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock valued at $414,000 after buying an additional 263 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at about $768,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $52.11 on Monday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $40.83 and a 1-year high of $53.54. The firm’s 50-day moving average price is $50.96 and its 200-day moving average price is $49.14. The firm has a market capitalization of $17.86 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60.

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.