Wrapmanager Inc. Boosts Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Wrapmanager Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 10.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 198,751 shares of the company’s stock after buying an additional 18,449 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 2.1% of Wrapmanager Inc.’s portfolio, making the stock its 16th largest holding. Wrapmanager Inc. owned approximately 0.07% of SPDR Portfolio S&P 600 Small Cap ETF worth $8,467,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Topsail Wealth Management LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at approximately $34,000. Retirement Wealth Solutions LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth approximately $43,000. MeadowBrook Investment Advisors LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at $49,000. Atlantic Union Bankshares Corp purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter valued at $51,000. Finally, Private Wealth Asset Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter valued at $56,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM stock opened at $45.57 on Friday. 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 $12.47 billion, a PE ratio of 17.02 and a beta of 1.08. The business’s fifty day moving average is $46.27 and its 200 day moving average is $44.03.

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.