Zinnia Wealth Advisory LLC Takes Position in SPDR Portfolio Emerging Markets ETF $SPEM

Zinnia Wealth Advisory LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 43,217 shares of the company’s stock, valued at approximately $2,023,000. SPDR Portfolio Emerging Markets ETF accounts for about 2.2% of Zinnia Wealth Advisory LLC’s holdings, making the stock its 12th biggest holding.

A number of other large investors have also added to or reduced their stakes in SPEM. Paces Ferry Wealth Advisors LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 4.1% during the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock worth $236,000 after purchasing an additional 200 shares during the last quarter. Mascagni Wealth Management Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 4.8% during the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock worth $211,000 after buying an additional 207 shares during the last quarter. River Street Advisors LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the fourth quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after buying an additional 209 shares in the last quarter. Kraft Davis & Associates LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock valued at $240,000 after buying an additional 213 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in SPDR Portfolio Emerging Markets ETF by 0.7% in the 3rd quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock valued at $1,531,000 after acquiring an additional 222 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $52.11 on Monday. The business has a 50-day simple moving average of $50.96 and a two-hundred day simple moving average of $49.14. The company has a market capitalization of $17.86 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 52-week low of $40.83 and a 52-week high of $53.54.

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.