Private Wealth Group LLC Increases Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Private Wealth Group LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 20.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 183,563 shares of the company’s stock after purchasing an additional 31,500 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up about 4.1% of Private Wealth Group LLC’s investment portfolio, making the stock its 7th biggest holding. Private Wealth Group LLC owned 0.06% of SPDR Portfolio S&P 600 Small Cap ETF worth $10,586,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SPSM. Brown Lisle Cummings Inc. acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 1st quarter valued at $27,000. Strive Financial Group LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth about $28,000. Private Wealth Management Group LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 1st quarter valued at about $29,000. Kingdom Financial Group LLC. bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $34,000. Finally, Blue Trust Inc. grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 773.2% in the 1st quarter. Blue Trust Inc. now owns 716 shares of the company’s stock valued at $35,000 after acquiring an additional 634 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA:SPSM opened at $57.91 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $43.12 and a 52-week high of $58.60. The company has a market cap of $17.39 billion, a P/E ratio of 17.02 and a beta of 1.02. The stock’s 50-day simple moving average is $56.22 and its 200 day simple moving average is $52.70.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.