Crestwood Advisors Group LLC Has $80.70 Million Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Crestwood Advisors Group LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 3.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,722,177 shares of the company’s stock after purchasing an additional 55,342 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for 1.3% of Crestwood Advisors Group LLC’s investment portfolio, making the stock its 16th largest holding. Crestwood Advisors Group LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $80,704,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPSM. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth about $27,000. Lodestone Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth about $33,000. Clearstead Trust LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 230.4% in the third quarter. Clearstead Trust LLC now owns 793 shares of the company’s stock worth $37,000 after acquiring an additional 553 shares during the last quarter. Teachers Retirement System of The State of Kentucky bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth about $38,000. Finally, Chapman Financial Group LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter worth about $38,000.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.9%

Shares of NYSEARCA SPSM opened at $53.56 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $39.88 and a 1-year high of $54.26. The company has a market cap of $15.42 billion, a PE ratio of 17.02 and a beta of 1.04. The company has a 50-day moving average of $50.21 and a two-hundred day moving average of $48.87.

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.