Axxcess Wealth Management LLC Has $28.29 Million Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Axxcess Wealth Management LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 661,833 shares of the company’s stock after purchasing an additional 35,183 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $28,287,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cutler Investment Counsel LLC raised its position in SPDR Portfolio Emerging Markets ETF by 1.1% during the second quarter. Cutler Investment Counsel LLC now owns 783,482 shares of the company’s stock worth $33,486,000 after acquiring an additional 8,485 shares in the last quarter. MGO One Seven LLC increased its position in SPDR Portfolio Emerging Markets ETF by 80.1% during the second quarter. MGO One Seven LLC now owns 14,635 shares of the company’s stock worth $625,000 after acquiring an additional 6,511 shares during the period. ONE Advisory Partners LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 70.9% during the second quarter. ONE Advisory Partners LLC now owns 229,650 shares of the company’s stock worth $10,153,000 after buying an additional 95,248 shares in the last quarter. Dynamic Financial Group grew its stake in SPDR Portfolio Emerging Markets ETF by 6.7% during the second quarter. Dynamic Financial Group now owns 9,723 shares of the company’s stock worth $416,000 after buying an additional 609 shares in the last quarter. Finally, SPC Financial Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.4% in the 2nd quarter. SPC Financial Inc. now owns 84,213 shares of the company’s stock valued at $3,599,000 after purchasing an additional 1,991 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $46.73 on Tuesday. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $47.67. The firm’s 50 day simple moving average is $45.49 and its 200 day simple moving average is $42.59. The company has a market cap of $14.37 billion, a PE ratio of 15.39 and a beta of 0.68.

SPDR Portfolio Emerging Markets ETF Company 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.