Financial Management Professionals Inc. Buys Shares of 120,015 SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Financial Management Professionals Inc. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the fourth quarter, Holdings Channel reports. The firm bought 120,015 shares of the company’s stock, valued at approximately $5,391,000. SPDR Portfolio S&P 600 Small Cap ETF makes up 0.7% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 29th largest holding.

A number of other institutional investors also recently modified their holdings of SPSM. Transcendent Capital Group LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 48.6% during the 3rd quarter. Transcendent Capital Group LLC now owns 1,458 shares of the company’s stock valued at $66,000 after buying an additional 477 shares during the period. Wilson & Boucher Capital Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at $196,000. Arlington Trust Co LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at $231,000. Mainstream Capital Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at $253,000. Finally, Beaumont Financial Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 8.7% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 6,479 shares of the company’s stock valued at $295,000 after purchasing an additional 520 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.5 %

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $46.06 on Friday. The company has a market capitalization of $11.32 billion, a P/E ratio of 13.57 and a beta of 1.15. The firm’s fifty day simple moving average is $46.86 and its 200-day simple moving average is $45.27. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $39.65 and a 1-year high of $50.03.

SPDR Portfolio S&P 600 Small Cap ETF 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.