SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 39.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 74,765 shares of the company’s stock after purchasing an additional 21,288 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $3,463,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Betterment LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 9.2% during the second quarter. Betterment LLC now owns 17,616,693 shares of the company’s stock worth $750,471,000 after buying an additional 1,485,197 shares in the last quarter. Raymond James Financial Inc. boosted its position in 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 acquiring an additional 1,470,388 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at about $65,460,000. Envestnet Portfolio Solutions Inc. grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 121.1% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 1,254,850 shares of the company’s stock valued at $58,125,000 after acquiring an additional 687,258 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 19.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,882,503 shares of the company’s stock valued at $179,838,000 after acquiring an additional 620,942 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM opened at $51.12 on Thursday. The company’s 50 day simple moving average is $49.30 and its two-hundred day simple moving average is $47.11. The firm has a market capitalization of $14.56 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $34.79 and a 1-year high of $52.04.

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.