Navigation Group LLC Makes New Investment in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Navigation Group LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 24,059 shares of the company’s stock, valued at approximately $1,163,000.

Several other institutional investors have also added to or reduced their stakes in SPSM. Beaumont Financial Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 6.2% in the first quarter. Beaumont Financial Advisors LLC now owns 5,624 shares of the company’s stock worth $272,000 after buying an additional 327 shares during the period. Bank of New York Mellon Corp boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 5.5% during the 1st quarter. Bank of New York Mellon Corp now owns 106,067 shares of the company’s stock valued at $5,125,000 after acquiring an additional 5,498 shares during the period. Sherman Asset Management Inc. boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 11.8% during the 1st quarter. Sherman Asset Management Inc. now owns 42,843 shares of the company’s stock valued at $2,070,000 after acquiring an additional 4,522 shares during the period. Signet Financial Management LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 8.6% during the 1st quarter. Signet Financial Management LLC now owns 51,574 shares of the company’s stock valued at $2,492,000 after acquiring an additional 4,087 shares during the period. Finally, BlueChip Wealth Advisors LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 1st quarter worth approximately $207,000.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $56.84 on Thursday. The business’s 50 day simple moving average is $54.94 and its two-hundred day simple moving average is $51.72. The stock has a market capitalization of $17.06 billion, a P/E ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $41.76 and a one year high of $58.06.

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.