65,920 Shares in SPDR Portfolio S&P 600 Small Cap ETF $SPSM Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the third quarter, Holdings Channel reports. The fund purchased 65,920 shares of the company’s stock, valued at approximately $3,485,000.

Several other institutional investors also recently bought and sold shares of the stock. RKL Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter worth about $34,823,000. AlphaStar Capital Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the third quarter worth about $30,581,000. Avior Wealth Management LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at approximately $29,642,000. Boston Standard Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at approximately $19,884,000. Finally, Bank of Nova Scotia bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 1st quarter worth approximately $10,490,000.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 1.2%

SPSM opened at $54.53 on Friday. The business has a 50 day moving average of $54.54 and a 200-day moving average of $53.33. The stock has a market capitalization of $16.04 billion, a price-to-earnings ratio of 17.02 and a beta of 1.03. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $43.66 and a 1-year high of $58.60.

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.