Gunpowder Capital Management LLC dba Oliver Wealth Management Takes Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 9,927 shares of the company’s stock, valued at approximately $465,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. First Trust Advisors LP lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after buying an additional 220 shares during the period. Cerity Partners LLC grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 19.3% during the 2nd quarter. Cerity Partners LLC now owns 118,719 shares of the company’s stock worth $5,057,000 after acquiring an additional 19,182 shares during the period. NewEdge Advisors LLC grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 25.2% during the 2nd quarter. NewEdge Advisors LLC now owns 172,246 shares of the company’s stock worth $7,338,000 after acquiring an additional 34,642 shares during the period. Glenview Trust co lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 13.7% in the 2nd quarter. Glenview Trust co now owns 5,705 shares of the company’s stock valued at $243,000 after purchasing an additional 688 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock worth $111,383,000 after purchasing an additional 1,470,388 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $55.86 on Friday. The business has a fifty day simple moving average of $53.41 and a 200 day simple moving average of $50.57. The stock has a market cap of $16.08 billion, a PE ratio of 17.02 and a beta of 1.02. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $40.99 and a 12 month high of $56.60.

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.