Summit Investment Advisory Services LLC Makes New Investment in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Summit Investment Advisory Services LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSMFree Report) in the third quarter, Holdings Channel reports. The fund purchased 15,088 shares of the company’s stock, valued at approximately $643,000.

Other large investors also recently made changes to their positions in the company. LexAurum Advisors LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.1% in the 2nd quarter. LexAurum Advisors LLC now owns 15,245 shares of the company’s stock valued at $649,000 after acquiring an additional 607 shares in the last quarter. Raleigh Capital Management Inc. grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 123.8% during the second quarter. Raleigh Capital Management Inc. now owns 38,974 shares of the company’s stock valued at $1,660,000 after purchasing an additional 21,559 shares during the last quarter. Sterling Investment Advisors Ltd. raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.0% in the second quarter. Sterling Investment Advisors Ltd. now owns 81,034 shares of the company’s stock valued at $3,452,000 after purchasing an additional 1,610 shares during the period. Park Place Capital Corp bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at approximately $89,000. Finally, Lockerman Financial Group Inc. raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 84.4% in the 2nd quarter. Lockerman Financial Group Inc. now owns 13,261 shares of the company’s stock worth $565,000 after acquiring an additional 6,068 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA SPSM opened at $49.77 on Wednesday. The stock has a 50-day simple moving average of $48.03 and a 200 day simple moving average of $46.35. The stock has a market capitalization of $14.12 billion, a PE ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.79 and a twelve month high of $51.29.

About SPDR Portfolio S&P 600 Small Cap ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SPSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSMFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

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