SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Purchased by Wealth Management Resources Inc.

Wealth Management Resources Inc. boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 12.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 91,365 shares of the company’s stock after buying an additional 10,326 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 1.3% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 17th largest position. Wealth Management Resources Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $3,892,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Valmark Advisers Inc. grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 7.1% in the second quarter. Valmark Advisers Inc. now owns 6,263,369 shares of the company’s stock worth $266,820,000 after buying an additional 415,695 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.4% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,167,590 shares of the company’s stock worth $134,939,000 after buying an additional 163,590 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 18.0% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,629,859 shares of the company’s stock worth $69,432,000 after buying an additional 249,130 shares during the last quarter. Pinnacle Wealth Planning Services Inc. grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 6.8% in the first quarter. Pinnacle Wealth Planning Services Inc. now owns 1,614,291 shares of the company’s stock worth $65,798,000 after buying an additional 102,520 shares during the last quarter. Finally, Dakota Wealth Management grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 25.3% in the second quarter. Dakota Wealth Management now owns 1,118,045 shares of the company’s stock worth $47,629,000 after buying an additional 225,972 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $44.53 on Friday. The company has a 50 day moving average price of $45.60 and a 200 day moving average price of $42.67. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $34.79 and a 52 week high of $50.03. The firm has a market capitalization of $12.13 billion, a price-to-earnings ratio of 17.02 and a beta of 1.14.

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.