Composition Wealth LLC Raises Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Composition Wealth LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 18.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 381,412 shares of the company’s stock after purchasing an additional 59,513 shares during the quarter. Composition Wealth LLC owned approximately 0.13% of SPDR Portfolio S&P 600 Small Cap ETF worth $17,873,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Sterling Investment Advisors Ltd. raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.3% during the third quarter. Sterling Investment Advisors Ltd. now owns 81,253 shares of the company’s stock valued at $3,764,000 after acquiring an additional 219 shares during the last quarter. First Trust Advisors LP grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the 2nd quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after buying an additional 220 shares during the period. Wealthcare Capital Partners LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 0.4% during the third quarter. Wealthcare Capital Partners LLC now owns 58,086 shares of the company’s stock worth $2,691,000 after acquiring an additional 224 shares during the last quarter. Anchor Investment Management LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.6% during the third quarter. Anchor Investment Management LLC now owns 9,863 shares of the company’s stock worth $457,000 after acquiring an additional 250 shares during the last quarter. Finally, PCA Investment Advisory Services Inc. increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.0% during the third quarter. PCA Investment Advisory Services Inc. now owns 12,961 shares of the company’s stock worth $600,000 after acquiring an additional 252 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.2%

SPSM stock opened at $53.48 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $39.27 and a 52-week high of $53.63. The business has a fifty day moving average of $50.03 and a two-hundred day moving average of $48.67. The stock has a market cap of $15.39 billion, a price-to-earnings ratio of 17.02 and a beta of 1.04.

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.