Beck Capital Management LLC Has $6.35 Million Position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Beck Capital Management LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 119.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 141,323 shares of the company’s stock after acquiring an additional 76,848 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF comprises approximately 1.7% of Beck Capital Management LLC’s investment portfolio, making the stock its 15th biggest holding. Beck Capital Management LLC owned about 0.06% of SPDR Portfolio S&P 600 Small Cap ETF worth $6,348,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SPSM. IHT Wealth Management LLC boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.4% in the 4th quarter. IHT Wealth Management LLC now owns 403,001 shares of the company’s stock worth $18,103,000 after purchasing an additional 9,299 shares during the period. Alexis Investment Partners LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $301,000. United Capital Financial Advisors LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 187.9% in the fourth quarter. United Capital Financial Advisors LLC now owns 40,815 shares of the company’s stock worth $1,833,000 after purchasing an additional 26,640 shares in the last quarter. Keystone Financial Group bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at $265,000. Finally, Jaffetilchin Investment Partners LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 1.5% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 57,978 shares of the company’s stock valued at $2,604,000 after purchasing an additional 875 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA:SPSM opened at $37.72 on Wednesday. The stock has a market capitalization of $10.08 billion, a PE ratio of 15.27 and a beta of 1.07. The company’s 50-day moving average price is $40.78 and its two-hundred day moving average price is $44.41. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $50.03.

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.