Axxcess Wealth Management LLC Has $47.53 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Axxcess Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 44.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,015,409 shares of the company’s stock after buying an additional 313,760 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $47,531,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. River Street Advisors LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after buying an additional 209 shares during the period. Kraft Davis & Associates LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the 4th quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock valued at $240,000 after buying an additional 213 shares during the period. Captrust Financial Advisors grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 3rd quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock valued at $1,531,000 after buying an additional 222 shares during the period. Greystone Financial Group LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the 4th quarter. Greystone Financial Group LLC now owns 13,691 shares of the company’s stock valued at $641,000 after buying an additional 237 shares during the period. Finally, Urban Financial Advisory Corp grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.5% in the 4th quarter. Urban Financial Advisory Corp now owns 9,962 shares of the company’s stock valued at $466,000 after buying an additional 239 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $51.09 on Friday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $40.67 and a 12-month high of $53.03. The firm has a market capitalization of $17.51 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The firm has a fifty day moving average of $49.31 and a 200-day moving average of $48.59.

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.