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

SVB Wealth LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 4,950 shares of the company’s stock, valued at approximately $222,000.

A number of other institutional investors have also modified their holdings of SPSM. 49 Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter valued at $32,132,000. Crews Bank & Trust bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $27,110,000. Abound Financial LLC acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at about $23,934,000. Financial Management Professionals Inc. bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth about $5,391,000. Finally, Spinnaker Trust grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 10.2% in the 3rd quarter. Spinnaker Trust now owns 779,407 shares of the company’s stock worth $35,471,000 after purchasing an additional 72,246 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 1.0 %

SPSM opened at $42.38 on Thursday. The business’s 50 day moving average is $45.25 and its 200-day moving average is $45.69. The stock has a market cap of $11.62 billion, a PE ratio of 17.11 and a beta of 1.14. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $39.65 and a twelve month high of $50.03.

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.