Probity Advisors Inc. Buys 588 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Probity Advisors Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 117,079 shares of the company’s stock after acquiring an additional 588 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 0.9% of Probity Advisors Inc.’s investment portfolio, making the stock its 24th biggest position. Probity Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,004,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Jane Street Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $57,992,000. 3EDGE Asset Management LP raised its position in SPDR Portfolio Emerging Markets ETF by 2,500.7% in the 1st quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock worth $30,598,000 after purchasing an additional 747,171 shares during the period. LPL Financial LLC raised its position in SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock worth $421,513,000 after purchasing an additional 620,049 shares during the period. Cerity Partners LLC raised its position in SPDR Portfolio Emerging Markets ETF by 24.6% in the 1st quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock worth $108,913,000 after purchasing an additional 545,724 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 7.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after purchasing an additional 461,936 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 1.1%

Shares of NYSEARCA:SPEM opened at $47.58 on Tuesday. The stock has a market cap of $14.63 billion, a PE ratio of 15.39 and a beta of 0.68. The company’s fifty day moving average is $45.83 and its 200 day moving average is $42.88. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $47.67.

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.