SPDR Portfolio S&P 600 Small Cap ETF $SPSM Stake Lifted by Montz Harcus Wealth Management LLC

Montz Harcus Wealth Management LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 10.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 304,807 shares of the company’s stock after acquiring an additional 28,858 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 6.3% of Montz Harcus Wealth Management LLC’s portfolio, making the stock its 4th biggest position. Montz Harcus Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $16,112,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPSM. Boston Standard Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter worth about $19,884,000. Financial Gravity Asset Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.6% in the 4th quarter. Financial Gravity Asset Management Inc. now owns 387,498 shares of the company’s stock valued at $18,158,000 after purchasing an additional 20,582 shares during the last quarter. Amicus Financial Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $2,824,000. Nottingham Advisors Inc. boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 28.4% in the 1st quarter. Nottingham Advisors Inc. now owns 121,497 shares of the company’s stock valued at $5,871,000 after purchasing an additional 26,844 shares during the period. Finally, TKG Advisors LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 47.9% in the 1st quarter. TKG Advisors LLC now owns 31,943 shares of the company’s stock valued at $1,544,000 after purchasing an additional 10,350 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.2%

NYSEARCA:SPSM opened at $53.45 on Friday. The stock’s 50 day moving average price is $55.75 and its 200 day moving average price is $54.46. The company has a market capitalization of $15.85 billion, a PE ratio of 17.02 and a beta of 1.03. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $43.66 and a 52-week high of $58.60.

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.