Northbridge Financial Group LLC Invests $754,000 in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Northbridge Financial Group LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 4th quarter, HoldingsChannel reports. The fund bought 16,098 shares of the company’s stock, valued at approximately $754,000.

A number of other hedge funds have also recently added to or reduced their stakes in SPSM. Crestwood Advisors Group LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.1% in the 3rd quarter. Crestwood Advisors Group LLC now owns 1,666,835 shares of the company’s stock valued at $77,207,000 after acquiring an additional 34,710 shares in the last quarter. Blueprint Financial Advisors LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at about $821,000. Concurrent Investment Advisors LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 289.4% in the 4th quarter. Concurrent Investment Advisors LLC now owns 44,616 shares of the company’s stock valued at $2,091,000 after acquiring an additional 33,159 shares in the last quarter. Montz Harcus Wealth Management LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.7% in the 4th quarter. Montz Harcus Wealth Management LLC now owns 236,303 shares of the company’s stock valued at $11,073,000 after acquiring an additional 12,813 shares in the last quarter. Finally, Evermay Wealth Management LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.7% in the 4th quarter. Evermay Wealth Management LLC now owns 306,200 shares of the company’s stock valued at $14,349,000 after acquiring an additional 11,062 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.9%

SPSM opened at $51.81 on Wednesday. The stock has a market capitalization of $14.91 billion, a PE ratio of 17.02 and a beta of 1.04. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $40.00 and a 1-year high of $54.26. The firm has a 50-day moving average price of $50.59 and a two-hundred day moving average price of $49.21.

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.