Concurrent Investment Advisors LLC Increases Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Concurrent Investment Advisors LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 289.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 44,616 shares of the company’s stock after purchasing an additional 33,159 shares during the period. Concurrent Investment Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,091,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at $27,000. Financial Consulate Inc. purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at $30,000. Lodestone Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth $33,000. Clearstead Trust LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 230.4% in the 3rd quarter. Clearstead Trust LLC now owns 793 shares of the company’s stock worth $37,000 after acquiring an additional 553 shares during the last quarter. Finally, Chapman Financial Group LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth $38,000.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.5%

Shares of NYSEARCA:SPSM opened at $52.83 on Wednesday. The business has a 50-day moving average price of $49.96 and a 200 day moving average price of $48.61. The company has a market capitalization of $15.18 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $38.21 and a 12-month high of $53.43.

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.