Golden State Wealth Management LLC Purchases New Position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Golden State Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 53,611 shares of the company’s stock, valued at approximately $2,408,000.

Several other institutional investors have also modified their holdings of SPSM. Beaumont Financial Advisors LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 8.7% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 6,479 shares of the company’s stock valued at $295,000 after buying an additional 520 shares during the last quarter. ST Germain D J Co. Inc. grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.2% during the third quarter. ST Germain D J Co. Inc. now owns 412,152 shares of the company’s stock worth $18,757,000 after purchasing an additional 16,768 shares during the last quarter. PSI Advisors LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.2% during the third quarter. PSI Advisors LLC now owns 165,532 shares of the company’s stock worth $7,533,000 after purchasing an additional 2,007 shares in the last quarter. Richardson Financial Services Inc. lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.9% in the 3rd quarter. Richardson Financial Services Inc. now owns 33,153 shares of the company’s stock valued at $1,381,000 after purchasing an additional 944 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.3% in the 3rd quarter. Strategic Blueprint LLC now owns 35,321 shares of the company’s stock valued at $1,607,000 after purchasing an additional 1,118 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.5 %

NYSEARCA:SPSM opened at $46.33 on Friday. The company has a market capitalization of $11.38 billion, a PE ratio of 13.57 and a beta of 1.15. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $39.65 and a 52-week high of $50.03. The stock’s 50 day moving average price is $46.42 and its 200 day moving average price is $45.59.

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.