D.A. Davidson & CO. Makes New Investment in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

D.A. Davidson & CO. bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 141,254 shares of the company’s stock, valued at approximately $7,467,000.

A number of other large investors also recently bought and sold shares of SPSM. Boston Standard Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter worth approximately $19,884,000. Cornerstone Advisors Asset Management LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 27.0% during the 2nd quarter. Cornerstone Advisors Asset Management LLC now owns 465,415 shares of the company’s stock worth $26,840,000 after purchasing an additional 99,008 shares during the period. Tidal Investments LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at approximately $1,469,000. Wealthcare Advisory Partners LLC increased its holdings 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 valued at $102,430,000 after purchasing an additional 19,008 shares during the last quarter. Finally, Avior Wealth Management LLC increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 1.6% in the 2nd quarter. Avior Wealth Management LLC now owns 558,732 shares of the company’s stock valued at $32,222,000 after purchasing an additional 8,770 shares during the last quarter.

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

Shares of NYSEARCA SPSM opened at $54.53 on Friday. The firm has a market cap of $16.04 billion, a price-to-earnings ratio of 17.02 and a beta of 1.03. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $43.66 and a 52-week high of $58.60. The business’s 50 day moving average is $54.54 and its two-hundred day moving average is $53.33.

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.