Alta Wealth Advisors LLC Buys 1,104 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Alta Wealth Advisors LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 2.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,989 shares of the company’s stock after acquiring an additional 1,104 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises about 0.8% of Alta Wealth Advisors LLC’s holdings, making the stock its 26th largest holding. Alta Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Simplicity Wealth LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at about $2,397,000. Brown Miller Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 13.3% in the 2nd quarter. Brown Miller Wealth Management LLC now owns 37,113 shares of the company’s stock valued at $1,581,000 after acquiring an additional 4,370 shares during the last quarter. Wealthcare Capital Partners LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 14.8% in the 2nd quarter. Wealthcare Capital Partners LLC now owns 57,862 shares of the company’s stock valued at $2,465,000 after acquiring an additional 7,451 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 18.0% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,629,859 shares of the company’s stock valued at $69,432,000 after acquiring an additional 249,130 shares during the last quarter. Finally, Tandem Investment Partners LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 6.6% in the 2nd quarter. Tandem Investment Partners LLC now owns 45,458 shares of the company’s stock valued at $1,937,000 after acquiring an additional 2,805 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM opened at $46.84 on Friday. The business has a 50 day simple moving average of $45.34 and a two-hundred day simple moving average of $42.53. The firm has a market capitalization of $12.84 billion, a price-to-earnings ratio of 17.02 and a beta of 1.14. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $50.03.

About SPDR Portfolio S&P 600 Small Cap ETF

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.