Topsail Wealth Management LLC Invests $34,000 in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Topsail Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 800 shares of the company’s stock, valued at approximately $34,000.

A number of other large investors have also modified their holdings of SPSM. Creative Financial Designs Inc. ADV grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 14.3% during the first quarter. Creative Financial Designs Inc. ADV now owns 4,640 shares of the company’s stock worth $189,000 after acquiring an additional 582 shares during the last quarter. Golden State Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 13.3% during the first quarter. Golden State Wealth Management LLC now owns 60,758 shares of the company’s stock worth $2,477,000 after acquiring an additional 7,147 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 75.0% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 117,400 shares of the company’s stock worth $4,785,000 after acquiring an additional 50,300 shares during the last quarter. Salomon & Ludwin LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 622.2% during the first quarter. Salomon & Ludwin LLC now owns 11,447 shares of the company’s stock worth $467,000 after acquiring an additional 9,862 shares during the last quarter. Finally, Private Trust Co. NA grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 8.4% during the first quarter. Private Trust Co. NA now owns 57,000 shares of the company’s stock worth $2,323,000 after acquiring an additional 4,399 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.8%

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $47.23 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $34.79 and a 52 week high of $50.03. The company has a market capitalization of $12.90 billion, a price-to-earnings ratio of 17.02 and a beta of 1.14. The stock has a 50-day moving average price of $46.10 and a 200 day moving average price of $43.21.

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.