SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Newly Bought by TSG Advice Partners LLC

TSG Advice Partners LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 602,540 shares of the company’s stock, valued at approximately $34,748,000. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 4.6% of TSG Advice Partners LLC’s holdings, making the stock its 11th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Valmark Advisers Inc. lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.1% during the first quarter. Valmark Advisers Inc. now owns 5,412,325 shares of the company’s stock valued at $261,524,000 after buying an additional 109,719 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.3% in the first quarter. Bank of America Corp DE now owns 3,927,202 shares of the company’s stock worth $189,762,000 after buying an additional 86,868 shares during the period. Wealthcare Advisory Partners LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.1% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,776,135 shares of the company’s stock worth $102,430,000 after acquiring an additional 19,008 shares in the last quarter. Cetera Investment Advisers increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.8% in the first quarter. Cetera Investment Advisers now owns 1,402,122 shares of the company’s stock worth $67,751,000 after acquiring an additional 63,809 shares in the last quarter. Finally, Patriot Investment Management Group Inc. increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.6% in the third quarter. Patriot Investment Management Group Inc. now owns 838,842 shares of the company’s stock worth $44,341,000 after acquiring an additional 4,848 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM stock opened at $54.98 on Tuesday. 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 company’s 50 day simple moving average is $54.50 and its 200-day simple moving average is $53.36. The firm has a market capitalization of $16.16 billion, a P/E ratio of 17.02 and a beta of 1.03.

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.