Apollon Wealth Management LLC Buys 21,549 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Apollon Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 100.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,041 shares of the company’s stock after purchasing an additional 21,549 shares during the period. Apollon Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,994,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPSM. Betterment LLC raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 9.2% during the 2nd quarter. Betterment LLC now owns 17,616,693 shares of the company’s stock valued at $750,471,000 after buying an additional 1,485,197 shares during the last quarter. Valmark Advisers Inc. boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 7.1% in the 2nd quarter. Valmark Advisers Inc. now owns 6,263,369 shares of the company’s stock worth $266,820,000 after buying an additional 415,695 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 8.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 6,148,239 shares of the company’s stock valued at $261,915,000 after acquiring an additional 499,599 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.6% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,281,191 shares of the company’s stock valued at $151,985,000 after acquiring an additional 113,601 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 3,261,561 shares of the company’s stock valued at $138,943,000 after acquiring an additional 163,374 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA:SPSM opened at $47.44 on Wednesday. The stock’s 50-day simple moving average is $46.80 and its two-hundred day simple moving average is $45.46. The stock has a market capitalization of $12.98 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.79 and a 52-week high of $49.02.

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.