Lido Advisors LLC Makes New Investment in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Lido Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 357,986 shares of the company’s stock, valued at approximately $18,926,000. Lido Advisors LLC owned 0.12% of SPDR Portfolio S&P 600 Small Cap ETF at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Community Financial Services Group LLC acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter worth $25,000. Provenance Wealth Advisors LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at about $32,000. Mather Group LLC. acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at about $36,000. Bessemer Group Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 23.4% in the 1st quarter. Bessemer Group Inc. now owns 1,271 shares of the company’s stock valued at $61,000 after purchasing an additional 241 shares in the last quarter. Finally, Johnson Financial Group Inc. boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 507.0% in the 1st quarter. Johnson Financial Group Inc. now owns 1,560 shares of the company’s stock valued at $75,000 after buying an additional 1,303 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM opened at $55.34 on Thursday. The stock has a 50-day simple moving average of $54.22 and a 200-day simple moving average of $53.52. The stock has a market capitalization of $16.26 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 $43.66 and a 1 year high of $58.60.

About SPDR Portfolio S&P 600 Small Cap ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

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