Global Wealth Management Investment Advisory Inc. Grows Stock Position in SPDR Portfolio Small Cap ETF (NYSEARCA:SPSM)

Global Wealth Management Investment Advisory Inc. increased its position in shares of SPDR Portfolio Small Cap ETF (NYSEARCA:SPSM) by 4.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 91,422 shares of the company’s stock after purchasing an additional 3,554 shares during the quarter. SPDR Portfolio Small Cap ETF comprises about 1.4% of Global Wealth Management Investment Advisory Inc.’s holdings, making the stock its 22nd largest position. Global Wealth Management Investment Advisory Inc.’s holdings in SPDR Portfolio Small Cap ETF were worth $2,801,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Meridian Wealth Management LLC purchased a new stake in SPDR Portfolio Small Cap ETF in the first quarter valued at approximately $29,000. Capital Advisors Ltd. LLC raised its position in SPDR Portfolio Small Cap ETF by 720.0% in the second quarter. Capital Advisors Ltd. LLC now owns 1,025 shares of the company’s stock valued at $69,000 after purchasing an additional 900 shares during the period. Winch Advisory Services LLC raised its position in SPDR Portfolio Small Cap ETF by 272.1% in the second quarter. Winch Advisory Services LLC now owns 1,027 shares of the company’s stock valued at $31,000 after purchasing an additional 751 shares during the period. FMR LLC raised its position in SPDR Portfolio Small Cap ETF by 110.0% in the first quarter. FMR LLC now owns 1,302 shares of the company’s stock valued at $39,000 after purchasing an additional 682 shares during the period. Finally, Kavar Capital Partners LLC purchased a new stake in SPDR Portfolio Small Cap ETF in the second quarter valued at approximately $59,000.

NYSEARCA SPSM traded up $0.06 on Monday, reaching $29.96. The stock had a trading volume of 277 shares, compared to its average volume of 511,398. SPDR Portfolio Small Cap ETF has a 12-month low of $24.79 and a 12-month high of $33.37. The stock has a fifty day moving average price of $29.82 and a two-hundred day moving average price of $30.28.

The company also recently announced a — dividend, which was paid on Wednesday, September 25th. Shareholders of record on Monday, September 23rd were given a $0.1248 dividend. This represents a yield of 1.7%. The ex-dividend date was Friday, September 20th.

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Want to see what other hedge funds are holding SPSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Small Cap ETF (NYSEARCA:SPSM).

Institutional Ownership by Quarter for SPDR Portfolio Small Cap ETF (NYSEARCA:SPSM)

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