SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Bought by Pinnacle Wealth Management LLC

Pinnacle Wealth Management LLC increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 9.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,424 shares of the company’s stock after buying an additional 1,308 shares during the quarter. Pinnacle Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $657,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Valmark Advisers Inc. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 7.1% in the 2nd quarter. Valmark Advisers Inc. now owns 6,263,369 shares of the company’s stock worth $266,820,000 after buying an additional 415,695 shares during the period. Cliftonlarsonallen Wealth Advisors LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.4% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,167,590 shares of the company’s stock worth $134,939,000 after purchasing an additional 163,590 shares during the period. Wealthcare Advisory Partners LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 18.0% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,629,859 shares of the company’s stock worth $69,432,000 after purchasing an additional 249,130 shares during the period. Pinnacle Wealth Planning Services Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 6.8% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 1,614,291 shares of the company’s stock worth $65,798,000 after purchasing an additional 102,520 shares during the period. Finally, Dakota Wealth Management grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 25.3% during the 2nd quarter. Dakota Wealth Management now owns 1,118,045 shares of the company’s stock worth $47,629,000 after purchasing an additional 225,972 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA SPSM opened at $45.86 on Friday. The stock has a market capitalization of $12.48 billion, a price-to-earnings ratio of 17.02 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. The firm’s 50 day simple moving average is $45.89 and its 200-day simple moving average is $42.85.

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.