Elite Wealth Management, LLC Buys Alphabet Inc, Philip Morris International Inc, Chevron Corp, Sells SPDR Select Sector Fund - Utilities, SPDR S&P 500, Akamai Technologies Inc

• New Purchases: PM, AMP,
• Added Positions: AMZN, MSFT, AAPL, QQQ, GOOG, GOOGL, TSM, MOMO, JNJ, BABA,
• Reduced Positions: SPY, INTC, XOM, PFE,
• Sold Out: XLU, AKAM, GILD,

For the details of Elite Wealth Management, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Elite+Wealth+Management%2C+LLC

1. Microsoft Corp (MSFT) - 161,745 shares, 13.82% of the total portfolio. Shares added by 4.12%
2. SPDR S&P 500 (SPY) - 53,500 shares, 13.18% of the total portfolio.
3. Amazon.com Inc (AMZN) - 6,499 shares, 8.81% of the total portfolio. Shares added by 12.58%
4. Apple Inc (AAPL) - 36,634 shares, 5.76% of the total portfolio. Shares added by 8.20%
5. Alphabet Inc (GOOGL) - 4,395 shares, 4.27% of the total portfolio. Shares added by 4.89%

Elite Wealth Management, LLC initiated holding in Philip Morris International Inc. The purchase prices were between $95.63 and $110.6, with an estimated average price of $104.15. The stock is now traded at around $81.20. The impact to a portfolio due to this purchase was 0.23%. The holding were 2,433 shares as of 2018-03-31.

Elite Wealth Management, LLC initiated holding in Ameriprise Financial Inc. The purchase prices were between $144.89 and $182.04, with an estimated average price of $163.13. The stock is now traded at around $137.07. The impact to a portfolio due to this purchase was 0.05%. The holding were 14,000 shares as of 2018-03-31.

Elite Wealth Management, LLC added to a holding in Alphabet Inc by 31.00%. The purchase prices were between $1001.52 and $1175.84, with an estimated average price of $1103.99. The stock is now traded at around $1098.26. The impact to a portfolio due to this purchase was 0.33%. The holding were 1,441 shares as of 2018-03-31.

Elite Wealth Management, LLC added to a holding in Chevron Corp by 28.27%. The purchase prices were between $109.06 and $133.6, with an estimated average price of $119.74. The stock is now traded at around $129.84. The impact to a portfolio due to this purchase was 0.07%. The holding were 3,176 shares as of 2018-03-31.

Elite Wealth Management, LLC sold out a holding in SPDR Select Sector Fund - Utilities. The sale prices were between $47.56 and $52.19, with an estimated average price of $49.93.

Elite Wealth Management, LLC sold out a holding in Akamai Technologies Inc. The sale prices were between $62.49 and $76.07, with an estimated average price of $68.09.

Elite Wealth Management, LLC sold out a holding in Gilead Sciences Inc. The sale prices were between $72.84 and $88.8, with an estimated average price of $79.49.