Axxcess Wealth Management LLC Has $32.84 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Axxcess Wealth Management LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 701,649 shares of the company’s stock after purchasing an additional 39,816 shares during the period. Axxcess Wealth Management LLC owned approximately 0.23% of SPDR Portfolio Emerging Markets ETF worth $32,844,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPEM. Hantz Financial Services Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after buying an additional 589 shares in the last quarter. First Horizon Corp bought a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $29,000. Stone House Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $40,000. Addison Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth about $49,000. Finally, Blue Trust Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 539.1% in the third quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after acquiring an additional 1,035 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $50.28 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $51.05. The stock has a market capitalization of $16.79 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The stock has a fifty day moving average of $48.44 and a 200-day moving average of $47.00.

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.