Zinnia Wealth Advisory LLC Purchases New Shares in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Zinnia Wealth Advisory LLC purchased 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 disclosure with the Securities and Exchange Commission (SEC). The firm purchased 26,340 shares of the company’s stock, valued at approximately $1,234,000. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 1.3% of Zinnia Wealth Advisory LLC’s portfolio, making the stock its 19th biggest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 155.9% in the 4th quarter. Morgan Stanley now owns 13,747,260 shares of the company’s stock valued at $644,197,000 after purchasing an additional 8,375,030 shares during the period. Raymond James Financial Inc. increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the second quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock worth $111,383,000 after purchasing an additional 1,470,388 shares during the period. LPL Financial LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the fourth quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock valued at $1,264,764,000 after buying an additional 1,362,095 shares in the last quarter. Morningstar Investment Management LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 310.1% in the third quarter. Morningstar Investment Management LLC now owns 994,157 shares of the company’s stock valued at $46,049,000 after buying an additional 751,719 shares in the last quarter. Finally, Betterment LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the fourth quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock valued at $878,977,000 after buying an additional 614,934 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA:SPSM opened at $55.91 on Monday. The company has a market capitalization of $16.09 billion, a P/E ratio of 17.02 and a beta of 1.02. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $40.99 and a 1 year high of $56.28. The business’s 50 day simple moving average is $52.78 and its 200 day simple moving average is $50.29.

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.