Forefront Wealth Partners LLC Purchases 29,287 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Forefront Wealth Partners LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 245.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,202 shares of the company’s stock after buying an additional 29,287 shares during the quarter. Forefront Wealth Partners LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,908,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Compass Financial Services Inc raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 225.9% in the second quarter. Compass Financial Services Inc now owns 756 shares of the company’s stock worth $32,000 after purchasing an additional 524 shares during the last quarter. Topsail Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter valued at $34,000. Chapman Financial Group LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at about $38,000. Retirement Wealth Solutions LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter worth about $43,000. Finally, MeadowBrook Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth about $49,000.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPSM opened at $47.44 on Wednesday. The firm has a market cap of $12.98 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $34.79 and a 1 year high of $49.02. The company has a 50 day simple moving average of $46.80 and a two-hundred day simple moving average of $45.46.

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.