Golden State Wealth Management LLC Buys 7,147 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Golden State Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 13.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 60,758 shares of the company’s stock after buying an additional 7,147 shares during the period. Golden State Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,477,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. SOL Capital Management CO lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 1.3% in the 1st quarter. SOL Capital Management CO now owns 23,394 shares of the company’s stock valued at $954,000 after acquiring an additional 300 shares in the last quarter. Butensky & Cohen Financial Security Inc. lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.5% in the 1st quarter. Butensky & Cohen Financial Security Inc. now owns 14,558 shares of the company’s stock valued at $593,000 after acquiring an additional 360 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 13,135 shares of the company’s stock valued at $590,000 after acquiring an additional 364 shares in the last quarter. Charter Research & Investment Group Inc. lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.8% in the 4th quarter. Charter Research & Investment Group Inc. now owns 6,980 shares of the company’s stock valued at $314,000 after acquiring an additional 385 shares in the last quarter. Finally, Vicus Capital lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 4.8% in the 1st quarter. Vicus Capital now owns 9,249 shares of the company’s stock valued at $377,000 after acquiring an additional 426 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.6%

SPSM stock opened at $44.08 on Friday. The stock’s 50 day simple moving average is $41.40 and its 200 day simple moving average is $42.41. The stock has a market capitalization of $11.67 billion, a PE ratio of 16.63 and a beta of 1.14. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $34.79 and a 12-month high of $50.03.

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.