WLTH Capital Management LLC Makes New Investment in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

WLTH Capital Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 58,856 shares of the company’s stock, valued at approximately $3,004,000. SPDR Portfolio S&P 600 Small Cap ETF comprises about 2.3% of WLTH Capital Management LLC’s holdings, making the stock its 12th biggest holding.

Several other institutional investors have also modified their holdings of the stock. South Shore Capital Advisors purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth $1,271,000. Concurrent Investment Advisors LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 289.4% in the fourth quarter. Concurrent Investment Advisors LLC now owns 44,616 shares of the company’s stock valued at $2,091,000 after purchasing an additional 33,159 shares during the period. Blueprint Financial Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the third quarter valued at about $821,000. Montz Harcus Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.7% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 236,303 shares of the company’s stock valued at $11,073,000 after buying an additional 12,813 shares during the last quarter. Finally, Evermay Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.7% during the fourth quarter. Evermay Wealth Management LLC now owns 306,200 shares of the company’s stock worth $14,349,000 after buying an additional 11,062 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM opened at $55.86 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $40.99 and a fifty-two week high of $56.60. The firm has a 50-day simple moving average of $53.31 and a 200-day simple moving average of $50.53. The company has a market capitalization of $16.08 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02.

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.