Axxcess Wealth Management LLC Buys 20,597 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Axxcess Wealth Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 533,597 shares of the company’s stock after purchasing an additional 20,597 shares during the period. Axxcess Wealth Management LLC owned approximately 0.22% of SPDR Portfolio Emerging Markets ETF worth $20,101,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Rothschild Investment LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter worth about $27,000. Frazier Financial Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $32,000. Lynx Investment Advisory bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $35,000. Strategic Financial Concepts LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 649.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after acquiring an additional 128,861 shares in the last quarter. Finally, American National Bank increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 132.0% in the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock worth $68,000 after purchasing an additional 1,020 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.4 %

Shares of SPEM stock opened at $38.45 on Tuesday. The firm has a market capitalization of $9.13 billion, a PE ratio of 13.05 and a beta of 0.81. The company has a 50 day moving average price of $38.03 and a 200-day moving average price of $37.40. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.06 and a 52 week high of $39.32.

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.