Naples Money Management LLC Purchases New Position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Naples Money Management LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,333 shares of the company’s stock, valued at approximately $141,000.

Other hedge funds also recently made changes to their positions in the company. Financial Engines Advisors L.L.C. increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.5% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 20,617,316 shares of the company’s stock valued at $760,779,000 after acquiring an additional 893,257 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 52.9% in the third quarter. Ameriprise Financial Inc. now owns 6,501,149 shares of the company’s stock valued at $239,892,000 after buying an additional 2,248,179 shares during the last quarter. Crestwood Advisors Group LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.2% during the fourth quarter. Crestwood Advisors Group LLC now owns 2,053,901 shares of the company’s stock worth $86,634,000 after buying an additional 64,494 shares during the period. Pinnacle Wealth Planning Services Inc. grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.2% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,432,518 shares of the company’s stock worth $52,860,000 after buying an additional 31,298 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 141.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 797,279 shares of the company’s stock valued at $30,966,000 after acquiring an additional 466,801 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 1.0 %

NYSEARCA:SPSM traded up $0.38 during midday trading on Friday, reaching $40.19. The stock had a trading volume of 1,506,268 shares, compared to its average volume of 2,164,414. The stock has a market cap of $9.98 billion, a P/E ratio of 12.88 and a beta of 1.20. The firm has a fifty day simple moving average of $41.63 and a two-hundred day simple moving average of $39.73. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $34.17 and a 12-month high of $43.26.

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.