MinichMacGregor Wealth Management LLC Takes $786,000 Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

MinichMacGregor Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 16,970 shares of the company’s stock, valued at approximately $786,000.

Several other institutional investors also recently bought and sold shares of the stock. Fulton Bank N.A. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 6.0% during the 2nd quarter. Fulton Bank N.A. now owns 7,309 shares of the company’s stock worth $311,000 after purchasing an additional 413 shares during the period. Global Financial Private Client LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 37.6% during the second quarter. Global Financial Private Client LLC now owns 16,423 shares of the company’s stock worth $700,000 after buying an additional 4,486 shares in the last quarter. Cypress Financial Planning LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at $222,000. International Private Wealth Advisors LLC increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 67.6% in the second quarter. International Private Wealth Advisors LLC now owns 13,621 shares of the company’s stock valued at $580,000 after buying an additional 5,493 shares in the last quarter. Finally, Butensky & Cohen Financial Security Inc. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 5.4% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 15,345 shares of the company’s stock valued at $654,000 after buying an additional 787 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.3%

NYSEARCA:SPSM opened at $50.14 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $34.79 and a 52 week high of $50.46. The stock’s 50-day moving average price is $47.42 and its 200-day moving average price is $46.01. The stock has a market capitalization of $14.21 billion, a PE ratio of 17.02 and a beta of 1.08.

About SPDR Portfolio S&P 600 Small Cap ETF

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.