Magnolia Private Wealth LLC Makes New Investment in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Magnolia Private Wealth LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,350 shares of the company’s stock, valued at approximately $330,000.

A number of other hedge funds have also recently made changes to their positions in SPSM. Creative Financial Designs Inc. ADV lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 3.2% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 7,239 shares of the company’s stock worth $329,000 after purchasing an additional 226 shares in the last quarter. OLD Second National Bank of Aurora increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 3.5% in the 3rd quarter. OLD Second National Bank of Aurora now owns 9,769 shares of the company’s stock valued at $445,000 after acquiring an additional 326 shares during the last quarter. Patron Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.8% during the 3rd quarter. Patron Partners LLC now owns 14,103 shares of the company’s stock valued at $642,000 after purchasing an additional 387 shares during the last quarter. American Trust increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.5% in the third quarter. American Trust now owns 11,614 shares of the company’s stock worth $529,000 after purchasing an additional 390 shares during the last quarter. Finally, Transcendent Capital Group LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 48.6% in the third quarter. Transcendent Capital Group LLC now owns 1,458 shares of the company’s stock worth $66,000 after buying an additional 477 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA SPSM opened at $43.98 on Wednesday. The stock has a market capitalization of $12.06 billion, a PE ratio of 17.11 and a beta of 1.14. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $39.65 and a 1-year high of $50.03. The business has a 50 day simple moving average of $45.54 and a two-hundred day simple moving average of $45.72.

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.