United Asset Strategies Inc. increased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 3.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 451,181 shares of the company’s stock after acquiring an additional 16,845 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up 1.6% of United Asset Strategies Inc.’s holdings, making the stock its 13th largest holding. United Asset Strategies Inc. owned about 0.15% of SPDR Portfolio S&P 600 Small Cap ETF worth $23,849,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently modified their holdings of SPSM. RKL Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter valued at $34,823,000. TSG Advice Partners LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 4,230.2% in the 1st quarter. TSG Advice Partners LLC now owns 599,773 shares of the company’s stock worth $28,981,000 after purchasing an additional 585,922 shares in the last quarter. AlphaStar Capital Management LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter worth about $30,581,000. Avior Wealth Management LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter worth about $29,642,000. Finally, Boston Standard Wealth Management LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter worth about $19,884,000.
SPDR Portfolio S&P 600 Small Cap ETF Trading Up 1.6%
NYSEARCA SPSM opened at $55.20 on Friday. The stock’s 50-day moving average price is $54.59 and its two-hundred day moving average price is $53.31. The company has a market cap of $16.23 billion, a PE ratio of 17.02 and a beta of 1.03. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $43.66 and a 1 year high of $58.60.
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.
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