SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 111.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 51,768 shares of the company’s stock after buying an additional 27,301 shares during the period. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,501,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPSM. Brown Lisle Cummings Inc. acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF in the first quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at about $27,000. Private Wealth Management Group LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the first quarter worth about $29,000. Strive Financial Group LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $28,000. Finally, Lodestone Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth about $33,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPSM opened at $56.59 on Tuesday. The firm has a 50 day moving average price of $55.54 and a 200 day moving average price of $52.23. The company has a market cap of $17.06 billion, a PE 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.

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.