Strategic Financial Concepts LLC Has $24.44 Million Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Strategic Financial Concepts LLC boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 288.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 573,588 shares of the company’s stock after purchasing an additional 425,984 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises about 3.4% of Strategic Financial Concepts LLC’s holdings, making the stock its 8th largest holding. Strategic Financial Concepts LLC owned about 0.21% of SPDR Portfolio S&P 600 Small Cap ETF worth $24,435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in SPSM. Valmark Advisers Inc. lifted its stake in 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 valued at $266,820,000 after purchasing an additional 415,695 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 1st quarter valued at approximately $14,103,000. Wealthcare Advisory Partners LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 18.0% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,629,859 shares of the company’s stock valued at $69,432,000 after purchasing an additional 249,130 shares during the last quarter. Surience Private Wealth LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at approximately $9,995,000. Finally, Dakota Wealth Management lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 25.3% in the 2nd quarter. Dakota Wealth Management now owns 1,118,045 shares of the company’s stock valued at $47,629,000 after purchasing an additional 225,972 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA:SPSM opened at $45.92 on Friday. The company has a market cap of $12.55 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08. The firm has a 50 day simple moving average of $46.26 and a 200 day simple moving average of $43.55. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $50.03.

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.