Midwest Financial Network LLC Purchases 33,013 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Midwest Financial Network LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 205.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,067 shares of the company’s stock after buying an additional 33,013 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF comprises about 1.9% of Midwest Financial Network LLC’s portfolio, making the stock its 17th largest position. Midwest Financial Network LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,371,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPSM. First Trust Advisors LP increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after acquiring an additional 220 shares during the last quarter. Cerity Partners LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 19.3% during the second quarter. Cerity Partners LLC now owns 118,719 shares of the company’s stock worth $5,057,000 after purchasing an additional 19,182 shares during the last quarter. NewEdge Advisors LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 25.2% during the second quarter. NewEdge Advisors LLC now owns 172,246 shares of the company’s stock worth $7,338,000 after purchasing an additional 34,642 shares during the last quarter. Glenview Trust co boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 13.7% in the 2nd quarter. Glenview Trust co now owns 5,705 shares of the company’s stock valued at $243,000 after purchasing an additional 688 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after purchasing an additional 1,470,388 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM opened at $56.57 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $41.76 and a 52-week high of $58.06. The firm has a market cap of $16.99 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01. The business’s fifty day moving average is $55.84 and its 200-day moving average is $52.42.

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.