Elevation Point Wealth Partners LLC Has $335,000 Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Elevation Point Wealth Partners LLC lessened its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 14.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 7,863 shares of the company’s stock after selling 1,305 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $335,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 8.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 6,148,239 shares of the company’s stock valued at $261,915,000 after acquiring an additional 499,599 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 288.6% during the second quarter. Strategic Financial Concepts LLC now owns 573,588 shares of the company’s stock worth $24,435,000 after purchasing an additional 425,984 shares during the period. Valmark Advisers Inc. lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 7.1% during the 2nd quarter. Valmark Advisers Inc. now owns 6,263,369 shares of the company’s stock worth $266,820,000 after purchasing an additional 415,695 shares during the last quarter. Financial Gravity Companies Inc. bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at $16,221,000. Finally, Cetera Investment Advisers grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 41.2% in the 2nd quarter. Cetera Investment Advisers now owns 1,092,438 shares of the company’s stock valued at $46,538,000 after buying an additional 318,732 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM stock opened at $47.11 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.79 and a fifty-two week high of $49.58. The stock has a market capitalization of $12.89 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08. The business’s fifty day moving average price is $46.11 and its two-hundred day moving average price is $44.48.

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.