Probity Advisors Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 115,432 shares of the company’s stock, valued at approximately $5,975,000. SPDR Portfolio Emerging Markets ETF makes up 0.8% of Probity Advisors Inc.’s investment portfolio, making the stock its 26th biggest holding.
Several other institutional investors have also recently modified their holdings of the company. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $27,000. Robinswood Financial LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $32,000. Align Financial LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $32,000. Gould Capital LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $59,000. Finally, Sachetta LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 145.9% in the first quarter. Sachetta LLC now owns 1,409 shares of the company’s stock worth $66,000 after buying an additional 836 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of NYSEARCA SPEM opened at $49.67 on Monday. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The firm’s 50 day simple moving average is $52.13 and its two-hundred day simple moving average is $51.62. The stock has a market capitalization of $16.52 billion, a P/E ratio of 15.39 and a beta of 0.61.
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.
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