Portside Wealth Group LLC Acquires 18,304 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Portside Wealth Group LLC grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 17.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,723 shares of the company’s stock after purchasing an additional 18,304 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises about 0.8% of Portside Wealth Group LLC’s investment portfolio, making the stock its 24th biggest holding. Portside Wealth Group LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $5,777,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Financial Consulate Inc. purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter valued at $30,000. Compass Financial Services Inc lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 225.9% during the 2nd quarter. Compass Financial Services Inc now owns 756 shares of the company’s stock valued at $32,000 after acquiring an additional 524 shares during the period. Topsail Wealth Management LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter valued at about $34,000. Chapman Financial Group LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter valued at about $38,000. Finally, Realta Investment Advisors grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 173.2% in the third quarter. Realta Investment Advisors now owns 1,000 shares of the company’s stock worth $46,000 after acquiring an additional 634 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.8%

SPSM opened at $50.39 on Thursday. The stock has a market capitalization of $14.35 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08. The firm has a 50 day moving average price of $48.56 and a 200-day moving average price of $46.59. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.79 and a twelve month high of $51.29.

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.