Integrity Alliance LLC. Buys New Shares in SPDR Portfolio Emerging Markets ETF $SPEM

Integrity Alliance LLC. bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 209,088 shares of the company’s stock, valued at approximately $10,822,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Integrity Advisory Solutions LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 14.3% in the 3rd quarter. Integrity Advisory Solutions LLC now owns 42,848 shares of the company’s stock valued at $2,218,000 after acquiring an additional 5,350 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $429,000. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $3,887,000. XML Financial LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth $219,000. Finally, MBA Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth $933,000.

SPDR Portfolio Emerging Markets ETF Trading Down 0.7%

NYSEARCA:SPEM opened at $48.28 on Wednesday. The stock has a market capitalization of $16.06 billion, a price-to-earnings ratio of 15.39 and a beta of 0.63. The firm has a fifty day simple moving average of $51.68 and a two-hundred day simple moving average of $50.71. SPDR Portfolio Emerging Markets ETF has a 12 month low of $45.28 and a 12 month 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.