Spinnaker Investment Group LLC Acquires New Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Spinnaker Investment Group LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 9,348 shares of the company’s stock, valued at approximately $539,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of SPSM. First Trust Advisors LP raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after acquiring an additional 220 shares in the last quarter. Cerity Partners LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 19.3% during the 2nd quarter. Cerity Partners LLC now owns 118,719 shares of the company’s stock worth $5,057,000 after buying an additional 19,182 shares during the period. NewEdge Advisors LLC lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 25.2% during the second quarter. NewEdge Advisors LLC now owns 172,246 shares of the company’s stock valued at $7,338,000 after purchasing an additional 34,642 shares in the last quarter. Glenview Trust co boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 13.7% in the 2nd quarter. Glenview Trust co now owns 5,705 shares of the company’s stock worth $243,000 after buying an additional 688 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% in the second quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after acquiring an additional 1,470,388 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA:SPSM opened at $57.57 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $43.12 and a 1 year high of $58.60. The firm has a market capitalization of $17.29 billion, a PE ratio of 17.02 and a beta of 1.02. The business’s 50 day moving average price is $56.29 and its 200-day moving average price is $52.78.

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.