Axxcess Wealth Management LLC Purchases 24,518 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Axxcess Wealth Management LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 84.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,477 shares of the company’s stock after purchasing an additional 24,518 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,278,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SPSM. Valmark Advisers Inc. increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 7.1% during the second quarter. Valmark Advisers Inc. now owns 6,263,369 shares of the company’s stock valued at $266,820,000 after acquiring an additional 415,695 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the first quarter valued at $14,103,000. Wealthcare Advisory Partners LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 18.0% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,629,859 shares of the company’s stock valued at $69,432,000 after acquiring an additional 249,130 shares in the last quarter. Surience Private Wealth LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at $9,995,000. Finally, Dakota Wealth Management increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 25.3% during the second quarter. Dakota Wealth Management now owns 1,118,045 shares of the company’s stock valued at $47,629,000 after acquiring an additional 225,972 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA:SPSM opened at $46.49 on Thursday. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $34.79 and a 1-year high of $50.03. The business has a fifty day moving average price of $45.78 and a 200-day moving average price of $42.77. The company has a market capitalization of $12.67 billion, a PE ratio of 17.02 and a beta of 1.14.

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.