Axxcess Wealth Management LLC Purchases 35,183 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Axxcess Wealth Management LLC raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 661,833 shares of the company’s stock after purchasing an additional 35,183 shares during the period. Axxcess Wealth Management LLC owned approximately 0.23% of SPDR Portfolio Emerging Markets ETF worth $28,287,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Cutler Investment Counsel LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the second quarter. Cutler Investment Counsel LLC now owns 783,482 shares of the company’s stock valued at $33,486,000 after buying an additional 8,485 shares during the period. MGO One Seven LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 80.1% in the second quarter. MGO One Seven LLC now owns 14,635 shares of the company’s stock valued at $625,000 after buying an additional 6,511 shares during the period. ONE Advisory Partners LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 70.9% in the second quarter. ONE Advisory Partners LLC now owns 229,650 shares of the company’s stock valued at $10,153,000 after buying an additional 95,248 shares during the period. Dynamic Financial Group boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the second quarter. Dynamic Financial Group now owns 9,723 shares of the company’s stock valued at $416,000 after buying an additional 609 shares during the period. Finally, SPC Financial Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.4% in the second quarter. SPC Financial Inc. now owns 84,213 shares of the company’s stock valued at $3,599,000 after buying an additional 1,991 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 2.8%

SPDR Portfolio Emerging Markets ETF stock opened at $46.73 on Tuesday. The stock has a market capitalization of $14.37 billion, a PE ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $47.67. The company has a 50 day moving average of $45.49 and a 200-day moving average of $42.59.

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.