Arkadios Wealth Advisors Buys 240 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Arkadios Wealth Advisors lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 1.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,583 shares of the company’s stock after purchasing an additional 240 shares during the quarter. Arkadios Wealth Advisors’ holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $564,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SPSM. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter worth about $32,000. Red Tortoise LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 1st quarter valued at $36,000. Transcendent Capital Group LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at $41,000. M&R Capital Management Inc. grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 56.9% during the 1st quarter. M&R Capital Management Inc. now owns 946 shares of the company’s stock valued at $41,000 after purchasing an additional 343 shares in the last quarter. Finally, Partnership Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth $47,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.6 %

NYSEARCA:SPSM traded up $0.26 during trading hours on Thursday, hitting $45.10. 644,953 shares of the company’s stock traded hands, compared to its average volume of 1,741,600. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $34.17 and a 52 week high of $46.96. The business’s fifty day simple moving average is $43.25 and its two-hundred day simple moving average is $42.28. The firm has a market cap of $11.08 billion, a P/E ratio of 13.57 and a beta of 1.15.

SPDR Portfolio S&P 600 Small Cap ETF Profile

The SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that is based on the S&P Small Cap 600 index, a market-cap-weighted index of US small-cap stocks selected by the S&P Committee. SPSM was launched on Jul 8, 2013 and is managed by State Street.