Sowell Financial Services LLC Buys 65,920 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Sowell Financial Services LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 65,920 shares of the company’s stock, valued at approximately $3,485,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SPSM. Boston Standard Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter worth about $19,884,000. Cornerstone Advisors Asset Management LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 27.0% during the second quarter. Cornerstone Advisors Asset Management LLC now owns 465,415 shares of the company’s stock valued at $26,840,000 after purchasing an additional 99,008 shares during the last quarter. Tidal Investments LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter worth about $1,469,000. Wealthcare Advisory Partners LLC boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 1.1% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,776,135 shares of the company’s stock worth $102,430,000 after purchasing an additional 19,008 shares during the period. Finally, Avior Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.6% in the second quarter. Avior Wealth Management LLC now owns 558,732 shares of the company’s stock worth $32,222,000 after buying an additional 8,770 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 1.2%

Shares of NYSEARCA SPSM opened at $54.53 on Friday. The firm has a market capitalization of $16.04 billion, a PE ratio of 17.02 and a beta of 1.03. The business has a 50-day moving average price of $54.54 and a two-hundred day moving average price of $53.33. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $43.66 and a one year high of $58.60.

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.