Brown Miller Wealth Management LLC Increases Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Brown Miller Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 13.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,113 shares of the company’s stock after buying an additional 4,370 shares during the quarter. Brown Miller Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,581,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SPSM. Wealthcare Capital Partners LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 14.8% in the 2nd quarter. Wealthcare Capital Partners LLC now owns 57,862 shares of the company’s stock valued at $2,465,000 after acquiring an additional 7,451 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 18.0% in the second 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 during the last quarter. Tandem Investment Partners LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 6.6% in the 2nd quarter. Tandem Investment Partners LLC now owns 45,458 shares of the company’s stock worth $1,937,000 after buying an additional 2,805 shares during the period. Financial Insights Inc. lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 4.7% during the 2nd quarter. Financial Insights Inc. now owns 211,555 shares of the company’s stock valued at $9,012,000 after buying an additional 9,579 shares in the last quarter. Finally, Apexium Financial LP boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 103.8% in the 2nd quarter. Apexium Financial LP now owns 28,969 shares of the company’s stock valued at $1,234,000 after buying an additional 14,752 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPSM stock opened at $46.84 on Friday. The company has a market capitalization of $12.84 billion, a P/E ratio of 17.02 and a beta of 1.14. The company’s 50-day simple moving average is $45.34 and its two-hundred day simple moving average is $42.53. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year 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.