Foguth Wealth Management LLC. Acquires New Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Foguth Wealth Management LLC. bought a new position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 357,830 shares of the company’s stock, valued at approximately $16,925,000. SPDR Portfolio S&P 600 Small Cap ETF makes up about 2.6% of Foguth Wealth Management LLC.’s portfolio, making the stock its 9th biggest holding. Foguth Wealth Management LLC. owned about 0.13% of SPDR Portfolio S&P 600 Small Cap ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Betterment LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.0% in the third quarter. Betterment LLC now owns 18,142,585 shares of the company’s stock worth $840,365,000 after purchasing an additional 525,892 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 8.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 6,148,239 shares of the company’s stock worth $261,915,000 after purchasing an additional 499,599 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 19.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,882,503 shares of the company’s stock valued at $179,838,000 after purchasing an additional 620,942 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.6% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,281,191 shares of the company’s stock valued at $151,985,000 after purchasing an additional 113,601 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.0% during the 3rd quarter. Bank of America Corp DE now owns 3,272,697 shares of the company’s stock valued at $151,591,000 after buying an additional 156,866 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 $47.93 on Friday. The company has a market capitalization of $13.65 billion, a P/E ratio of 17.02 and a beta of 1.08. The company has a fifty day moving average of $49.95 and a 200 day moving average of $47.79. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.79 and a fifty-two week high of $52.04.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.