SPDR Portfolio S&P 600 Small Cap ETF $SPSM Stock Position Increased by Armbruster Capital Management Inc.

Armbruster Capital Management Inc. boosted its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 18.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 27,462 shares of the company’s stock after purchasing an additional 4,365 shares during the quarter. Armbruster Capital Management Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,170,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.4% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,167,590 shares of the company’s stock worth $134,939,000 after buying an additional 163,590 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 18.0% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,629,859 shares of the company’s stock worth $69,432,000 after buying an additional 249,130 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 6.8% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 1,614,291 shares of the company’s stock worth $65,798,000 after buying an additional 102,520 shares in the last quarter. Dakota Wealth Management raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 25.3% during the 2nd quarter. Dakota Wealth Management now owns 1,118,045 shares of the company’s stock worth $47,629,000 after buying an additional 225,972 shares in the last quarter. Finally, DAVENPORT & Co LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 17.0% during the 2nd quarter. DAVENPORT & Co LLC now owns 870,012 shares of the company’s stock worth $37,063,000 after buying an additional 126,532 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 1.3%

SPSM stock opened at $46.10 on Wednesday. The firm’s 50-day moving average is $45.44 and its two-hundred day moving average is $42.60. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $34.79 and a 52 week high of $50.03. The company has a market capitalization of $12.64 billion, a price-to-earnings ratio of 17.02 and a beta of 1.14.

SPDR Portfolio S&P 600 Small Cap ETF 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.