SPDR Portfolio S&P 600 Small Cap ETF $SPSM is TSG Advice Partners LLC’s 10th Largest Position

TSG Advice Partners LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 4,230.2% during the first quarter, Holdings Channel.com reports. The firm owned 599,773 shares of the company’s stock after purchasing an additional 585,922 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up about 4.3% of TSG Advice Partners LLC’s investment portfolio, making the stock its 10th biggest position. TSG Advice Partners LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $28,981,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. First Trust Advisors LP lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during 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 last quarter. Cerity Partners LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 19.3% in the 2nd quarter. Cerity Partners LLC now owns 118,719 shares of the company’s stock worth $5,057,000 after buying an additional 19,182 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 25.2% in the 2nd quarter. NewEdge Advisors LLC now owns 172,246 shares of the company’s stock worth $7,338,000 after buying an additional 34,642 shares during the last quarter. Glenview Trust co grew its position 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 worth $243,000 after buying an additional 688 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock worth $111,383,000 after acquiring an additional 1,470,388 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.5%

NYSEARCA:SPSM opened at $57.38 on Thursday. The stock has a market capitalization of $16.85 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $41.76 and a 52 week high of $58.07. The firm has a 50 day moving average of $54.23 and a 200 day moving average of $51.11.

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.