5,856 Shares in SPDR Portfolio S&P 600 Small Cap ETF $SPSM Acquired by United Advisor Group LLC

United Advisor Group LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 5,856 shares of the company’s stock, valued at approximately $249,000.

Several other hedge funds have also added to or reduced their stakes in SPSM. Strategic Financial Concepts LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 288.6% in the second quarter. Strategic Financial Concepts LLC now owns 573,588 shares of the company’s stock worth $24,435,000 after acquiring an additional 425,984 shares during the last quarter. Valmark Advisers Inc. raised its position in shares of 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 worth $266,820,000 after purchasing an additional 415,695 shares during the last quarter. Financial Gravity Companies Inc. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth about $16,221,000. Cetera Investment Advisers boosted its stake 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 worth $46,538,000 after purchasing an additional 318,732 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted 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 worth $69,432,000 after purchasing an additional 249,130 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM stock opened at $44.48 on Thursday. The company has a market capitalization of $12.17 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $50.03. The company’s 50-day moving average is $46.16 and its 200 day moving average is $44.21.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.