SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Purchased by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 16.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 182,161 shares of the company’s stock after buying an additional 25,634 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF makes up 2.0% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its 14th largest holding. Paulson Wealth Management Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $9,629,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Community Financial Services Group LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter worth approximately $25,000. Provenance Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at $32,000. Mather Group LLC. acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at $36,000. Bessemer Group Inc. lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 23.4% during the 1st quarter. Bessemer Group Inc. now owns 1,271 shares of the company’s stock valued at $61,000 after acquiring an additional 241 shares during the period. Finally, Johnson Financial Group Inc. lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 507.0% during the 1st quarter. Johnson Financial Group Inc. now owns 1,560 shares of the company’s stock valued at $75,000 after acquiring an additional 1,303 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 3.8%

Shares of NYSEARCA SPSM opened at $53.46 on Friday. The firm has a market cap of $15.71 billion, a PE ratio of 17.02 and a beta of 1.04. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $43.66 and a 12-month high of $58.60. The company’s fifty day simple moving average is $54.35 and its 200 day simple moving average is $53.43.

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.