Axxcess Wealth Management LLC Acquires 6,174 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Axxcess Wealth Management LLC increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 564,828 shares of the company’s stock after acquiring an additional 6,174 shares during the quarter. Axxcess Wealth Management LLC owned about 0.24% of SPDR Portfolio Emerging Markets ETF worth $21,672,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. IMG Wealth Management Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $27,000. Compass Planning Associates Inc acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Strategic Wealth Investment Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $46,000. Rialto Wealth Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $60,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $64,000.

SPDR Portfolio Emerging Markets ETF Trading Up 1.4 %

Shares of SPEM opened at $40.63 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $35.00 and a 12 month high of $42.88. The firm has a fifty day simple moving average of $39.08 and a 200 day simple moving average of $39.56. The stock has a market capitalization of $10.74 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67.

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.