SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Purchased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 288.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 573,588 shares of the company’s stock after acquiring an additional 425,984 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises approximately 3.4% of Strategic Financial Concepts LLC’s holdings, making the stock its 8th biggest position. Strategic Financial Concepts LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $24,435,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Topsail Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth $34,000. Centennial Bank AR increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 158.1% during the first quarter. Centennial Bank AR now owns 973 shares of the company’s stock worth $40,000 after buying an additional 596 shares during the period. Retirement Wealth Solutions LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth $43,000. MeadowBrook Investment Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth $49,000. Finally, Hexagon Capital Partners LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 14,066.7% during the first quarter. Hexagon Capital Partners LLC now owns 1,275 shares of the company’s stock worth $52,000 after buying an additional 1,266 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $45.92 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $50.03. The stock’s 50-day moving average is $46.26 and its 200 day moving average is $43.55. The firm has a market cap of $12.55 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08.

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.