SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Acquired by Naples Global Advisors LLC

Naples Global Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 7.4% in the second quarter, Holdings Channel reports. The institutional investor owned 42,513 shares of the company’s stock after buying an additional 2,920 shares during the quarter. Naples Global Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,811,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SPSM. Financial Gravity Asset Management Inc. acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the first quarter worth approximately $14,103,000. Surience Private Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth approximately $9,995,000. Dakota Wealth Management grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 25.3% during the second quarter. Dakota Wealth Management now owns 1,118,045 shares of the company’s stock worth $47,629,000 after buying an additional 225,972 shares in the last quarter. Collier Financial grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2,316.6% during the first quarter. Collier Financial now owns 156,474 shares of the company’s stock worth $6,378,000 after buying an additional 149,999 shares in the last quarter. Finally, Cahaba Wealth Management Inc. grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 56.5% during the second quarter. Cahaba Wealth Management Inc. now owns 314,664 shares of the company’s stock worth $13,405,000 after buying an additional 113,621 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.4%

SPSM stock opened at $46.60 on Friday. The company has a market capitalization of $12.57 billion, a P/E ratio of 17.02 and a beta of 1.14. The firm has a 50 day simple moving average of $45.28 and a 200-day simple moving average of $42.49. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.79 and a twelve month high of $50.03.

SPDR Portfolio S&P 600 Small Cap ETF 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.