Probity Advisors Inc. Purchases 115,432 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Probity Advisors Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 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 largest position.

Several other institutional investors have also recently made changes to their positions in SPEM. Quantinno Capital Management LP raised its stake in SPDR Portfolio Emerging Markets ETF by 25.5% in the first quarter. Quantinno Capital Management LP now owns 79,830 shares of the company’s stock valued at $3,745,000 after purchasing an additional 16,232 shares in the last quarter. Gateway Wealth Partners LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 107.2% during the first quarter. Gateway Wealth Partners LLC now owns 163,531 shares of the company’s stock valued at $7,671,000 after purchasing an additional 84,601 shares during the last quarter. Ervin Investment Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $4,938,000. Isthmus Partners LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $16,291,000. Finally, IFP Advisors Inc grew its stake in SPDR Portfolio Emerging Markets ETF by 18.2% in the 2nd quarter. IFP Advisors Inc now owns 164,298 shares of the company’s stock worth $8,507,000 after buying an additional 25,284 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $49.67 on Monday. The company’s fifty day moving average price is $52.13 and its 200-day moving average price is $51.62. The firm has a market capitalization of $16.52 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54.

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.