Xena Financial Planning LLC Takes $2.80 Million Position in SPDR Portfolio Emerging Markets ETF $SPEM

Xena Financial Planning LLC bought a new stake in shares of 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 firm bought 59,861 shares of the company’s stock, valued at approximately $2,802,000. SPDR Portfolio Emerging Markets ETF makes up 3.3% of Xena Financial Planning LLC’s holdings, making the stock its 10th biggest position.

Other hedge funds have also recently bought and sold shares of the company. Vantagepoint Investment Advisers LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth about $128,313,000. Allworth Financial LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 38.5% during the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock valued at $433,528,000 after purchasing an additional 2,572,333 shares in the last quarter. NorthRock Partners LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 38,107.1% during the 3rd quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock valued at $51,776,000 after purchasing an additional 1,103,200 shares in the last quarter. Betterment LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 124.5% in the 2nd quarter. Betterment LLC now owns 1,824,389 shares of the company’s stock worth $77,974,000 after purchasing an additional 1,011,871 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 82.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,815,376 shares of the company’s stock worth $84,978,000 after purchasing an additional 822,327 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $46.91 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $51.35. The company has a market capitalization of $15.67 billion, a P/E ratio of 15.39 and a beta of 0.56. The company’s 50 day simple moving average is $48.82 and its 200 day simple moving average is $47.77.

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.