Elite Wealth Management, LLC Buys iShares Edge MSCI Min Vol USA, PowerShares QQQ Trust Ser 1, ZTO Express (Cayman) Inc, Sells 3M Co, Applied Materials Inc, Altria Group Inc

• New Purchases: USMV,
• Added Positions: QQQ, MSFT, ZTO, BA, JPM, GOOG, FB, CBOE, BRK.B, HYB,
• Reduced Positions: CAG, AMGN, CVX, NFLX, XOM, PFE, SPY,
• Sold Out: MMM, AMAT, MO, PM, TSLA,

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. SPDR S&P 500 (SPY) - 1,174,900 shares, 72.91% of the total portfolio.
2. Microsoft Corp (MSFT) - 176,295 shares, 4.3% of the total portfolio. Shares added by 6.36%
3. PowerShares QQQ Trust Ser 1 (QQQ) - 76,866 shares, 3.05% of the total portfolio. Shares added by 156.68%
4. Amazon.com Inc (AMZN) - 6,241 shares, 2.67% of the total portfolio. Shares reduced by 0.94%
5. iShares Edge MSCI Min Vol USA (USMV) - 175,963 shares, 2.14% of the total portfolio. New Position

Elite Wealth Management, LLC initiated holding in iShares Edge MSCI Min Vol USA. The purchase prices were between $53.24 and $57.58, with an estimated average price of $55.7. The stock is now traded at around $55.26. The impact to a portfolio due to this purchase was 2.14%. The holding were 175,963 shares as of 2018-09-30.

Elite Wealth Management, LLC added to a holding in PowerShares QQQ Trust Ser 1 by 156.68%. The purchase prices were between $170.8 and $186.74, with an estimated average price of $180.83. The stock is now traded at around $168.96. The impact to a portfolio due to this purchase was 1.86%. The holding were 76,866 shares as of 2018-09-30.

Elite Wealth Management, LLC added to a holding in ZTO Express (Cayman) Inc by 100.17%. The purchase prices were between $16.57 and $22.43, with an estimated average price of $19.26. The stock is now traded at around $16.25. The impact to a portfolio due to this purchase was 0.05%. The holding were 23,654 shares as of 2018-09-30.

Elite Wealth Management, LLC added to a holding in Boeing Co by 49.85%. The purchase prices were between $331.76 and $372.23, with an estimated average price of $351.3. The stock is now traded at around $361.98. The impact to a portfolio due to this purchase was 0.04%. The holding were 1,503 shares as of 2018-09-30.

Elite Wealth Management, LLC sold out a holding in 3M Co. The sale prices were between $195.52 and $216.33, with an estimated average price of $206.01.

Elite Wealth Management, LLC sold out a holding in Applied Materials Inc. The sale prices were between $38.26 and $50.18, with an estimated average price of $44.23.

Elite Wealth Management, LLC sold out a holding in Altria Group Inc. The sale prices were between $55.87 and $63.43, with an estimated average price of $59.37.

Elite Wealth Management, LLC sold out a holding in Philip Morris International Inc. The sale prices were between $77.45 and $86.84, with an estimated average price of $82.09.

Elite Wealth Management, LLC sold out a holding in Tesla Inc. The sale prices were between $263.24 and $379.57, with an estimated average price of $312.23.

Elite Wealth Management, LLC reduced to a holding in Amgen Inc by 23.33%. The sale prices were between $185.29 and $208.89, with an estimated average price of $196.94. The stock is now traded at around $189.92. The impact to a portfolio due to this sale was -0.05%. Elite Wealth Management, LLC still held 2,300 shares as of 2018-09-30.