Parsec Financial Management Inc. Has $437,000 Stake in SPDR Portfolio Small Cap ETF (NYSEARCA:SPSM)

Parsec Financial Management Inc. lifted its holdings in shares of SPDR Portfolio Small Cap ETF (NYSEARCA:SPSM) by 36.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,261 shares of the company’s stock after buying an additional 3,819 shares during the quarter. Parsec Financial Management Inc.’s holdings in SPDR Portfolio Small Cap ETF were worth $437,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SPSM. Strategic Investment Advisors MI acquired a new position in SPDR Portfolio Small Cap ETF during the second quarter valued at approximately $319,000. AE Wealth Management LLC grew its holdings in SPDR Portfolio Small Cap ETF by 115.8% during the second quarter. AE Wealth Management LLC now owns 1,159,672 shares of the company’s stock valued at $35,532,000 after purchasing an additional 622,212 shares during the period. Allen Capital Group LLC grew its holdings in SPDR Portfolio Small Cap ETF by 8.9% during the second quarter. Allen Capital Group LLC now owns 10,718 shares of the company’s stock valued at $328,000 after purchasing an additional 878 shares during the period. G&S Capital LLC grew its holdings in SPDR Portfolio Small Cap ETF by 16.6% during the second quarter. G&S Capital LLC now owns 33,396 shares of the company’s stock valued at $1,023,000 after purchasing an additional 4,745 shares during the period. Finally, Meridian Wealth Management LLC grew its holdings in SPDR Portfolio Small Cap ETF by 43.0% during the second quarter. Meridian Wealth Management LLC now owns 1,386 shares of the company’s stock valued at $42,000 after purchasing an additional 417 shares during the period.

NYSEARCA SPSM traded up $0.13 during trading on Wednesday, reaching $31.34. 233 shares of the stock traded hands, compared to its average volume of 542,620. The firm’s 50-day moving average is $30.53. SPDR Portfolio Small Cap ETF has a fifty-two week low of $24.79 and a fifty-two week high of $34.15.

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

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