Taylor & Morgan Wealth Management LLC Acquires 12,526 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Taylor & Morgan Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 4.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 314,362 shares of the company’s stock after acquiring an additional 12,526 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up about 9.1% of Taylor & Morgan Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. Taylor & Morgan Wealth Management LLC owned about 0.11% of SPDR Portfolio S&P 600 Small Cap ETF worth $16,617,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in SPSM. Boston Standard Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the third quarter worth $19,884,000. Financial Gravity Asset Management Inc. grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 5.6% during the fourth quarter. Financial Gravity Asset Management Inc. now owns 387,498 shares of the company’s stock valued at $18,158,000 after acquiring an additional 20,582 shares in the last quarter. Amicus Financial Advisors LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at $2,824,000. Nottingham Advisors Inc. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 28.4% in the 1st quarter. Nottingham Advisors Inc. now owns 121,497 shares of the company’s stock valued at $5,871,000 after acquiring an additional 26,844 shares during the last quarter. Finally, TKG Advisors LLC increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 47.9% in the 1st quarter. TKG Advisors LLC now owns 31,943 shares of the company’s stock valued at $1,544,000 after acquiring an additional 10,350 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.2%

Shares of SPSM stock opened at $53.45 on Friday. The stock has a market cap of $15.85 billion, a P/E ratio of 17.02 and a beta of 1.03. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $43.66 and a 52 week high of $58.60. The company’s fifty day simple moving average is $55.75 and its two-hundred day simple moving average is $54.46.

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.