Alexis Investment Partners LLC Invests $301,000 in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Alexis Investment Partners LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the fourth quarter, Holdings Channel.com reports. The fund acquired 6,696 shares of the company’s stock, valued at approximately $301,000.

Several other institutional investors have also added to or reduced their stakes in SPSM. Cyrus J. Lawrence LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth about $87,000. SVB Wealth LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at approximately $222,000. Keystone Financial Group acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at approximately $265,000. Collier Financial acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at approximately $291,000. Finally, Charter Research & Investment Group Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.8% during the fourth quarter. Charter Research & Investment Group Inc. now owns 6,980 shares of the company’s stock worth $314,000 after buying an additional 385 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM opened at $37.56 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 stock has a market capitalization of $10.04 billion, a price-to-earnings ratio of 15.27 and a beta of 1.07. The stock has a fifty day moving average of $41.27 and a 200-day moving average of $44.57.

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.