Boston Standard Wealth Management LLC Purchases 376,161 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Boston Standard Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 376,161 shares of the company’s stock, valued at approximately $19,884,000. SPDR Portfolio S&P 600 Small Cap ETF makes up about 2.9% of Boston Standard Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. Boston Standard Wealth Management LLC owned about 0.13% of SPDR Portfolio S&P 600 Small Cap ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Financial Gravity Asset Management Inc. raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.6% during the 4th quarter. Financial Gravity Asset Management Inc. now owns 387,498 shares of the company’s stock valued at $18,158,000 after buying an additional 20,582 shares in the last quarter. Amicus Financial Advisors LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth about $2,824,000. Nottingham Advisors Inc. increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 28.4% during the first quarter. Nottingham Advisors Inc. now owns 121,497 shares of the company’s stock worth $5,871,000 after acquiring an additional 26,844 shares during the last quarter. TKG Advisors LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 47.9% during the first quarter. TKG Advisors LLC now owns 31,943 shares of the company’s stock worth $1,544,000 after acquiring an additional 10,350 shares during the last quarter. Finally, Vicus Capital increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 9.0% during the first quarter. Vicus Capital now owns 682,870 shares of the company’s stock worth $32,996,000 after acquiring an additional 56,125 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPSM stock traded down $0.71 during midday trading on Wednesday, reaching $53.28. 1,406,222 shares of the company traded hands, compared to its average volume of 2,087,165. The firm has a market capitalization of $15.80 billion, a price-to-earnings ratio of 17.02 and a beta of 1.03. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $43.66 and a 52-week high of $58.60. The business has a 50 day moving average of $55.93 and a 200-day moving average of $54.39.

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.