TPG Financial Advisors LLC Raises Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

TPG Financial Advisors LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 10.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 318,743 shares of the company’s stock after purchasing an additional 30,172 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 5.0% of TPG Financial Advisors LLC’s portfolio, making the stock its 5th biggest holding. TPG Financial Advisors LLC owned about 0.11% of SPDR Portfolio S&P 600 Small Cap ETF worth $14,936,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SPSM. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth approximately $27,000. Lodestone Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at $33,000. Clearstead Trust LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 230.4% during the third quarter. Clearstead Trust LLC now owns 793 shares of the company’s stock worth $37,000 after purchasing an additional 553 shares during the period. Teachers Retirement System of The State of Kentucky bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth $38,000. Finally, Chapman Financial Group LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at $38,000.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.9%

Shares of SPSM opened at $51.81 on Wednesday. The stock’s 50-day moving average price is $50.59 and its two-hundred day moving average price is $49.21. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $40.00 and a 12 month high of $54.26. The company has a market capitalization of $14.91 billion, a PE ratio of 17.02 and a beta of 1.04.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.