AE Wealth Management LLC Grows Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

AE Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 50.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 106,307 shares of the company’s stock after buying an additional 35,647 shares during the quarter. AE Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,924,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Patriot Financial Group Insurance Agency LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.6% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 17,143 shares of the company’s stock worth $730,000 after acquiring an additional 273 shares during the period. Montz Harcus Wealth Management LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 7.2% during the second quarter. Montz Harcus Wealth Management LLC now owns 217,701 shares of the company’s stock worth $9,274,000 after purchasing an additional 14,582 shares during the last quarter. Ascent Group LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 38.7% during the second quarter. Ascent Group LLC now owns 17,130 shares of the company’s stock worth $730,000 after purchasing an additional 4,777 shares in the last quarter. Hudson Valley Investment Advisors Inc. ADV grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 11.2% in the second quarter. Hudson Valley Investment Advisors Inc. ADV now owns 132,177 shares of the company’s stock valued at $5,631,000 after purchasing an additional 13,319 shares during the last quarter. Finally, Apexium Financial LP grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 103.8% in the second quarter. Apexium Financial LP now owns 28,969 shares of the company’s stock valued at $1,234,000 after purchasing an additional 14,752 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.7%

NYSEARCA:SPSM opened at $49.46 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.79 and a 52-week high of $51.29. The stock has a fifty day simple moving average of $48.34 and a 200-day simple moving average of $46.45. The company has a market capitalization of $14.09 billion, a PE ratio of 17.02 and a beta of 1.08.

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.