TPG Financial Advisors LLC Raises Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

TPG Financial Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 10.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 318,743 shares of the company’s stock after acquiring an additional 30,172 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for 5.0% of TPG Financial Advisors LLC’s holdings, making the stock its 5th biggest position. TPG Financial Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $14,936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in SPSM. Crestwood Advisors Group LLC grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.1% in the third quarter. Crestwood Advisors Group LLC now owns 1,666,835 shares of the company’s stock worth $77,207,000 after purchasing an additional 34,710 shares during the period. Concurrent Investment Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 289.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 44,616 shares of the company’s stock valued at $2,091,000 after purchasing an additional 33,159 shares during the period. Montz Harcus Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.7% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 236,303 shares of the company’s stock worth $11,073,000 after purchasing an additional 12,813 shares in the last quarter. Blueprint Financial Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at about $821,000. Finally, Evermay Wealth Management LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.7% in the 4th quarter. Evermay Wealth Management LLC now owns 306,200 shares of the company’s stock valued at $14,349,000 after buying an additional 11,062 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $51.81 on Wednesday. The stock has a market capitalization of $14.91 billion, a PE ratio of 17.02 and a beta of 1.04. The stock has a 50 day moving average price of $50.59 and a two-hundred day moving average price of $49.21. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $40.00 and a 52 week high of $54.26.

About SPDR Portfolio S&P 600 Small Cap ETF

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.