Vicus Capital Purchases 426,829 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Vicus Capital raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 1,741.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 451,343 shares of the company’s stock after purchasing an additional 426,829 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 1.6% of Vicus Capital’s portfolio, making the stock its 19th largest position. Vicus Capital’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $20,906,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. First Trust Advisors LP lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the 2nd quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock worth $283,000 after acquiring an additional 220 shares during the last quarter. Perigon Wealth Management LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 0.6% in the third quarter. Perigon Wealth Management LLC now owns 42,094 shares of the company’s stock worth $1,950,000 after purchasing an additional 244 shares during the period. Independent Wealth Network Inc. increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.0% in the second quarter. Independent Wealth Network Inc. now owns 8,561 shares of the company’s stock worth $365,000 after purchasing an additional 248 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.6% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 17,143 shares of the company’s stock worth $730,000 after purchasing an additional 273 shares during the last quarter. Finally, Mascagni Wealth Management Inc. lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.9% during the third quarter. Mascagni Wealth Management Inc. now owns 5,577 shares of the company’s stock worth $258,000 after purchasing an additional 311 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.7%

Shares of SPSM opened at $49.26 on Monday. The firm has a fifty day moving average price of $47.03 and a 200-day moving average price of $45.81. The firm has a market capitalization of $13.87 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $34.79 and a 12-month high of $49.33.

About SPDR Portfolio S&P 600 Small Cap ETF

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.