IHT Wealth Management LLC Purchases 8,246 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

IHT Wealth Management LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 2.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 393,702 shares of the company’s stock after buying an additional 8,246 shares during the quarter. IHT Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $17,908,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPSM. GAMMA Investing LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 31.3% in the 2nd quarter. GAMMA Investing LLC now owns 1,498 shares of the company’s stock worth $62,000 after purchasing an additional 357 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter valued at $32,000. Lynx Investment Advisory purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at $72,000. Kingswood Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth $779,000. Finally, Valeo Financial Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 312,640 shares of the company’s stock worth $12,984,000 after purchasing an additional 1,509 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPSM stock traded down $0.22 during trading on Tuesday, reaching $49.13. 350,710 shares of the company traded hands, compared to its average volume of 1,672,147. The business has a 50 day simple moving average of $46.26 and a 200 day simple moving average of $44.24. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $38.49 and a 12 month high of $50.03. The company has a market capitalization of $12.07 billion, a price-to-earnings ratio of 13.57 and a beta of 1.15.

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.