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

Pallas Capital Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 85,665 shares of the company’s stock, valued at approximately $4,014,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legacy Solutions LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.8% in the fourth quarter. Legacy Solutions LLC now owns 79,571 shares of the company’s stock worth $3,729,000 after purchasing an additional 2,934 shares during the period. Sherman Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth about $291,000. Dakota Wealth Management boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 4.3% during the 4th quarter. Dakota Wealth Management now owns 1,278,412 shares of the company’s stock valued at $59,906,000 after purchasing an additional 52,308 shares during the period. CoreCap Advisors LLC boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 5.4% during the 4th quarter. CoreCap Advisors LLC now owns 36,432 shares of the company’s stock valued at $1,707,000 after purchasing an additional 1,875 shares during the period. Finally, 21 West Wealth Management LLC grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.2% in the 4th quarter. 21 West Wealth Management LLC now owns 38,235 shares of the company’s stock valued at $1,792,000 after buying an additional 806 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 1.5%

Shares of NYSEARCA SPSM opened at $47.36 on Friday. The business’s 50 day moving average is $49.73 and its two-hundred day moving average is $47.87. The company has a market cap of $13.49 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $34.79 and a 12 month high of $52.04.

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.