Synergy Investment Management LLC Has $2.84 Million Stock Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Synergy Investment Management LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 7.1% during the second quarter, Holdings Channel reports. The firm owned 66,674 shares of the company’s stock after acquiring an additional 4,439 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF makes up approximately 1.7% of Synergy Investment Management LLC’s investment portfolio, making the stock its 14th biggest position. Synergy Investment Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,840,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at $51,000. PNC Financial Services Group Inc. boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 6.0% in the second quarter. PNC Financial Services Group Inc. now owns 1,908,244 shares of the company’s stock valued at $81,291,000 after buying an additional 108,624 shares in the last quarter. AE Wealth Management LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 23.7% in the second quarter. AE Wealth Management LLC now owns 70,660 shares of the company’s stock valued at $3,010,000 after acquiring an additional 13,521 shares during the last quarter. Bensler LLC raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.8% during the second quarter. Bensler LLC now owns 144,634 shares of the company’s stock worth $6,161,000 after acquiring an additional 5,295 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 10.2% in the second quarter. Allworth Financial LP now owns 242,465 shares of the company’s stock worth $10,329,000 after acquiring an additional 22,369 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 2.2%

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $44.56 on Tuesday. The firm’s 50 day moving average is $46.22 and its 200 day moving average is $44.18. The firm has a market capitalization of $12.20 billion, a PE ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $34.79 and a 1 year high of $50.03.

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.