Synergy Investment Management LLC Buys 4,439 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Synergy Investment Management LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 7.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 66,674 shares of the company’s stock after buying an additional 4,439 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 1.7% of Synergy Investment Management LLC’s portfolio, making the stock its 14th largest holding. Synergy Investment Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,840,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Valmark Advisers Inc. lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 7.1% during the second quarter. Valmark Advisers Inc. now owns 6,263,369 shares of the company’s stock worth $266,820,000 after acquiring an additional 415,695 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,261,561 shares of the company’s stock worth $138,943,000 after purchasing an additional 163,374 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 5.4% in the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,167,590 shares of the company’s stock valued at $134,939,000 after purchasing an additional 163,590 shares during the period. PNC Financial Services Group Inc. grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 6.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,908,244 shares of the company’s stock valued at $81,291,000 after buying an additional 108,624 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.8% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 1,660,231 shares of the company’s stock worth $70,726,000 after buying an additional 45,940 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPSM opened at $44.56 on Tuesday. The stock has a fifty day moving average of $46.22 and a 200-day moving average of $44.18. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.79 and a fifty-two week high of $50.03. The company has a market capitalization of $12.20 billion, a P/E ratio of 17.02 and a beta of 1.08.

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.