SPDR Portfolio S&P 600 Small Cap ETF $SPSM Stock Position Boosted by Lunt Capital Management Inc.

Lunt Capital Management Inc. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 31.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 39,361 shares of the company’s stock after buying an additional 9,401 shares during the period. Lunt Capital Management Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,270,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPSM. Integrated Wealth Concepts LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.8% in the second quarter. Integrated Wealth Concepts LLC now owns 417,275 shares of the company’s stock valued at $24,064,000 after acquiring an additional 15,284 shares in the last quarter. RFG Advisory LLC boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 7.1% during the 2nd quarter. RFG Advisory LLC now owns 126,801 shares of the company’s stock valued at $7,313,000 after purchasing an additional 8,357 shares in the last quarter. IFP Advisors Inc boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 5.2% during the 2nd quarter. IFP Advisors Inc now owns 75,537 shares of the company’s stock valued at $4,356,000 after purchasing an additional 3,706 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.9% during the 2nd quarter. Baird Financial Group Inc. now owns 105,225 shares of the company’s stock valued at $6,068,000 after purchasing an additional 1,970 shares during the period. Finally, Waverly Advisors LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.8% in the 2nd quarter. Waverly Advisors LLC now owns 123,955 shares of the company’s stock worth $7,148,000 after buying an additional 3,366 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 1.0%

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $55.51 on Thursday. The business has a fifty day simple moving average of $56.92 and a 200-day simple moving average of $53.78. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $43.66 and a fifty-two week high of $58.60. The firm has a market cap of $16.67 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01.

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.