Founders Financial Securities LLC Makes New $541,000 Investment in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Founders Financial Securities LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,543 shares of the company’s stock, valued at approximately $541,000.

A number of other institutional investors have also recently added to or reduced their stakes in SPSM. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth approximately $27,000. Lodestone Wealth Management LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth approximately $33,000. Kingdom Financial Group LLC. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at $34,000. Clearstead Trust LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 230.4% in the 3rd quarter. Clearstead Trust LLC now owns 793 shares of the company’s stock valued at $37,000 after purchasing an additional 553 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at $38,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA:SPSM opened at $54.33 on Wednesday. The firm’s fifty day moving average is $51.60 and its 200-day moving average is $49.70. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $40.84 and a 52 week high of $54.66. The firm has a market cap of $15.64 billion, a P/E ratio of 17.02 and a beta of 1.04.

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.