SPDR Portfolio S&P 600 Small Cap ETF $SPSM Stake Lifted by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 2.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,660,231 shares of the company’s stock after acquiring an additional 45,940 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises 9.3% of Pinnacle Wealth Planning Services Inc.’s investment portfolio, making the stock its 2nd biggest position. Pinnacle Wealth Planning Services Inc. owned approximately 0.62% of SPDR Portfolio S&P 600 Small Cap ETF worth $70,726,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Atlantic Union Bankshares Corp purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth about $51,000. PNC Financial Services Group Inc. raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 6.0% during the 2nd 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 lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 23.7% in the 2nd quarter. AE Wealth Management LLC now owns 70,660 shares of the company’s stock worth $3,010,000 after buying an additional 13,521 shares during the last quarter. Bensler LLC lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.8% in the 2nd quarter. Bensler LLC now owns 144,634 shares of the company’s stock worth $6,161,000 after buying an additional 5,295 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in 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 buying an additional 22,369 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

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

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.