Millington Financial Advisors LLC Purchases 22,557 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Millington Financial Advisors LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 18.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 146,151 shares of the company’s stock after acquiring an additional 22,557 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF makes up about 3.3% of Millington Financial Advisors LLC’s holdings, making the stock its 7th largest position. Millington Financial Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $6,499,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Compass Financial Services Inc grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 225.9% in the 2nd quarter. Compass Financial Services Inc now owns 756 shares of the company’s stock valued at $32,000 after purchasing an additional 524 shares during the period. Topsail Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at $34,000. Retirement Wealth Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at about $43,000. MeadowBrook Investment Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth about $49,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth about $51,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPSM stock opened at $47.11 on Friday. The business has a 50-day simple moving average of $46.11 and a two-hundred day simple moving average of $44.48. The company has a market capitalization of $12.89 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.79 and a 52-week high of $49.58.

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.