SMART Wealth LLC Invests $1.94 Million in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

SMART Wealth LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 33,592 shares of the company’s stock, valued at approximately $1,937,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Community Financial Services Group LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth approximately $25,000. Brown Lisle Cummings Inc. bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the first quarter worth approximately $27,000. Strive Financial Group LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth approximately $28,000. Private Wealth Management Group LLC acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF in the first quarter worth approximately $29,000. Finally, Kingdom Financial Group LLC. acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth approximately $34,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA SPSM opened at $56.51 on Friday. The stock has a market capitalization of $16.97 billion, a P/E ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $43.66 and a 1 year high of $58.60. The business’s fifty day moving average is $57.00 and its two-hundred day moving average is $53.65.

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.