SilverOak Wealth Management LLC Grows Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

SilverOak Wealth Management LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 10.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 251,695 shares of the company’s stock after buying an additional 23,949 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF makes up 1.9% of SilverOak Wealth Management LLC’s portfolio, making the stock its 11th biggest position. SilverOak Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $12,162,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Concurrent Investment Advisors LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 289.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 44,616 shares of the company’s stock worth $2,091,000 after purchasing an additional 33,159 shares in the last quarter. South Shore Capital Advisors acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at $1,271,000. Montz Harcus Wealth Management LLC grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 5.7% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 236,303 shares of the company’s stock valued at $11,073,000 after purchasing an additional 12,813 shares in the last quarter. Patriot Investment Management Group Inc. increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.7% during the 4th quarter. Patriot Investment Management Group Inc. now owns 790,099 shares of the company’s stock worth $37,024,000 after buying an additional 20,560 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 4.4% in the 4th quarter. Fifth Third Bancorp now owns 333,329 shares of the company’s stock worth $15,620,000 after buying an additional 14,066 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA:SPSM opened at $56.55 on Wednesday. The firm has a 50-day moving average of $54.56 and a two-hundred day moving average of $51.36. The stock has a market cap of $16.60 billion, a P/E ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $41.76 and a 1-year high of $58.06.

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.