Avidian Wealth Enterprises LLC Has $23.32 Million Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Avidian Wealth Enterprises LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 59.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 547,383 shares of the company’s stock after purchasing an additional 205,154 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up 0.9% of Avidian Wealth Enterprises LLC’s investment portfolio, making the stock its 21st largest holding. Avidian Wealth Enterprises LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $23,319,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Centennial Bank AR lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 158.1% in the 1st quarter. Centennial Bank AR now owns 973 shares of the company’s stock worth $40,000 after purchasing an additional 596 shares during the last quarter. Retirement Wealth Solutions LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth approximately $43,000. Hexagon Capital Partners LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 14,066.7% in the 1st quarter. Hexagon Capital Partners LLC now owns 1,275 shares of the company’s stock worth $52,000 after buying an additional 1,266 shares during the period. Private Wealth Asset Management LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth approximately $56,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 110.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,517 shares of the company’s stock worth $65,000 after buying an additional 796 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 1.6%

Shares of NYSEARCA SPSM opened at $46.58 on Tuesday. The business’s 50 day moving average is $45.96 and its two-hundred day moving average is $42.95. The company has a market cap of $12.68 billion, a P/E ratio of 17.02 and a beta of 1.14. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $34.79 and a 12 month high of $50.03.

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.