Strategic Financial Planning Inc. Increases Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Strategic Financial Planning Inc. increased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 13.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 123,781 shares of the company’s stock after purchasing an additional 14,621 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up approximately 3.3% of Strategic Financial Planning Inc.’s investment portfolio, making the stock its 9th largest position. Strategic Financial Planning Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $5,273,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Compass Financial Services Inc raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 225.9% during the second quarter. Compass Financial Services Inc now owns 756 shares of the company’s stock worth $32,000 after acquiring an additional 524 shares in the last quarter. Topsail Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at about $34,000. Retirement Wealth Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter worth about $43,000. MeadowBrook Investment Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter worth about $49,000. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at about $51,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA:SPSM opened at $46.87 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.79 and a 52-week high of $49.47. The company has a market capitalization of $12.83 billion, a P/E ratio of 17.02 and a beta of 1.08. The company has a 50-day simple moving average of $46.11 and a 200 day simple moving average of $44.53.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.