Arete Wealth Advisors LLC Raises Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Arete Wealth Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 53.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,458 shares of the company’s stock after purchasing an additional 11,980 shares during the quarter. Arete Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,595,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPSM. Financial Consulate Inc. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the third quarter valued at $30,000. Compass Financial Services Inc grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 225.9% during the second quarter. Compass Financial Services Inc now owns 756 shares of the company’s stock valued at $32,000 after acquiring an additional 524 shares in the last quarter. Clearstead Trust LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 230.4% during the third quarter. Clearstead Trust LLC now owns 793 shares of the company’s stock valued at $37,000 after acquiring an additional 553 shares in the last quarter. Chapman Financial Group LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth about $38,000. Finally, Realta Investment Advisors lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 173.2% in the third quarter. Realta Investment Advisors now owns 1,000 shares of the company’s stock worth $46,000 after acquiring an additional 634 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPSM stock opened at $50.55 on Monday. The firm has a fifty day moving average of $49.68 and a two-hundred day moving average of $47.49. The firm has a market cap of $14.40 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 $52.04.

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.