SPDR Portfolio S&P 600 Small Cap ETF $SPSM Stake Lifted by TSG Advice Partners LLC

TSG Advice Partners LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 4,230.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 599,773 shares of the company’s stock after purchasing an additional 585,922 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises 4.3% of TSG Advice Partners LLC’s portfolio, making the stock its 10th biggest position. TSG Advice Partners LLC owned 0.21% of SPDR Portfolio S&P 600 Small Cap ETF worth $28,981,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Concurrent Investment Advisors LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 289.4% during the 4th 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. Montz Harcus Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.7% in the 4th quarter. Montz Harcus Wealth Management LLC now owns 236,303 shares of the company’s stock worth $11,073,000 after purchasing an additional 12,813 shares during the period. South Shore Capital Advisors purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth approximately $1,271,000. Patriot Investment Management Group Inc. boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.7% during the fourth quarter. Patriot Investment Management Group Inc. now owns 790,099 shares of the company’s stock valued at $37,024,000 after purchasing an additional 20,560 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.4% during the fourth quarter. Fifth Third Bancorp now owns 333,329 shares of the company’s stock valued at $15,620,000 after purchasing an additional 14,066 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.5%

Shares of SPSM stock opened at $57.38 on Thursday. The firm has a market cap of $16.85 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $41.76 and a 52-week high of $58.07. The company’s 50 day moving average is $54.23 and its 200 day moving average is $51.11.

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.