18,567 Shares in SPDR Portfolio S&P 600 Small Cap ETF $SPSM Purchased by Independent Financial Group LLC

Independent Financial Group LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,567 shares of the company’s stock, valued at approximately $897,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American Trust boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.3% during the 4th quarter. American Trust now owns 16,493 shares of the company’s stock worth $773,000 after purchasing an additional 213 shares during the last quarter. First Trust Advisors LP raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after buying an additional 220 shares during the last quarter. Retirement Planning Group LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.8% in the first quarter. Retirement Planning Group LLC now owns 8,346 shares of the company’s stock valued at $403,000 after buying an additional 230 shares during the last quarter. Stephens Inc. AR lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.2% during the fourth quarter. Stephens Inc. AR now owns 11,196 shares of the company’s stock valued at $525,000 after buying an additional 238 shares during the period. Finally, Fidelity D & D Bancorp Inc. lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.7% during the first quarter. Fidelity D & D Bancorp Inc. now owns 6,757 shares of the company’s stock valued at $326,000 after buying an additional 239 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA SPSM opened at $57.00 on Wednesday. The firm has a market cap of $17.12 billion, a P/E ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $41.76 and a 1 year high of $58.06. The firm’s 50 day moving average price is $55.22 and its 200 day moving average price is $51.98.

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.