Maridea Wealth Management LLC Makes New $976,000 Investment in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Maridea Wealth Management LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 20,957 shares of the company’s stock, valued at approximately $976,000.

A number of other large investors have also added to or reduced their stakes in the business. Sterling Investment Advisors Ltd. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.3% during the third quarter. Sterling Investment Advisors Ltd. now owns 81,253 shares of the company’s stock valued at $3,764,000 after acquiring an additional 219 shares during the last quarter. First Trust Advisors LP increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after purchasing an additional 220 shares during the period. Wealthcare Capital Partners LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 0.4% during the 3rd quarter. Wealthcare Capital Partners LLC now owns 58,086 shares of the company’s stock worth $2,691,000 after purchasing an additional 224 shares during the last quarter. Perigon Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 0.6% during the 3rd quarter. Perigon Wealth Management LLC now owns 42,094 shares of the company’s stock worth $1,950,000 after buying an additional 244 shares during the period. Finally, PCA Investment Advisory Services Inc. grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.0% in the 3rd quarter. PCA Investment Advisory Services Inc. now owns 12,961 shares of the company’s stock valued at $600,000 after buying an additional 252 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA SPSM opened at $51.12 on Thursday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.79 and a 52-week high of $52.04. The company’s 50 day moving average price is $49.30 and its 200-day moving average price is $47.11. The company has a market capitalization of $14.56 billion, a P/E ratio of 17.02 and a beta of 1.08.

SPDR Portfolio S&P 600 Small Cap ETF 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.