Spinnaker Investment Group LLC Acquires New Shares in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Spinnaker Investment Group LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 9,348 shares of the company’s stock, valued at approximately $539,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SPSM. Community Financial Services Group LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at about $25,000. Brown Lisle Cummings Inc. bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the first quarter worth about $27,000. Strive Financial Group LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at about $28,000. Private Wealth Management Group LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the first quarter valued at about $29,000. Finally, Kingdom Financial Group LLC. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth approximately $34,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.6%

NYSEARCA SPSM opened at $57.57 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $43.12 and a 52 week high of $58.60. The company has a 50 day moving average price of $56.29 and a 200 day moving average price of $52.78. The firm has a market cap of $17.29 billion, a PE 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.