Great Valley Advisor Group Inc. Buys 75,852 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Great Valley Advisor Group Inc. lifted its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 7.7% during the 2nd quarter, Holdings Channel reports. The firm owned 1,061,465 shares of the company’s stock after buying an additional 75,852 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up 1.0% of Great Valley Advisor Group Inc.’s investment portfolio, making the stock its 20th biggest holding. Great Valley Advisor Group Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $45,218,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. Betterment LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 9.2% in the second quarter. Betterment LLC now owns 17,616,693 shares of the company’s stock valued at $750,471,000 after buying an additional 1,485,197 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the second quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock worth $111,383,000 after buying an additional 1,470,388 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 8.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 6,148,239 shares of the company’s stock valued at $261,915,000 after acquiring an additional 499,599 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 288.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 573,588 shares of the company’s stock worth $24,435,000 after acquiring an additional 425,984 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 7.1% in the 2nd quarter. Valmark Advisers Inc. now owns 6,263,369 shares of the company’s stock worth $266,820,000 after acquiring an additional 415,695 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA SPSM opened at $48.39 on Friday. The stock’s 50 day simple moving average is $46.37 and its 200 day simple moving average is $44.89. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $49.02. The firm has a market cap of $13.24 billion, a PE ratio of 17.02 and a beta of 1.08.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.