Capital Financial Group Inc. Co. ADV Makes New $429,000 Investment in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Capital Financial Group Inc. Co. ADV bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,160 shares of the company’s stock, valued at approximately $429,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock worth $1,264,764,000 after purchasing an additional 1,362,095 shares during the period. Betterment LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the 4th quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock worth $878,977,000 after purchasing an additional 614,934 shares in the last quarter. Morgan Stanley grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 155.9% during the 4th quarter. Morgan Stanley now owns 13,747,260 shares of the company’s stock worth $644,197,000 after purchasing an additional 8,375,030 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,463,327 shares of the company’s stock valued at $302,872,000 after purchasing an additional 100,394 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 6.1% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,480,713 shares of the company’s stock valued at $163,106,000 after purchasing an additional 199,522 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.1%

SPSM stock opened at $55.95 on Tuesday. The company’s 50-day moving average price is $52.92 and its 200 day moving average price is $50.36. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $40.99 and a 52 week high of $56.61. The company has a market cap of $16.10 billion, a P/E ratio of 17.02 and a beta of 1.02.

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.