SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) is Crestwood Advisors Group LLC’s 10th Largest Position

Crestwood Advisors Group LLC grew its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 0.7% during the 4th quarter, HoldingsChannel reports. The firm owned 2,199,309 shares of the company’s stock after buying an additional 15,871 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 1.9% of Crestwood Advisors Group LLC’s investment portfolio, making the stock its 10th biggest holding. Crestwood Advisors Group LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $98,793,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPSM. Spinnaker Trust lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 7.1% in the 4th quarter. Spinnaker Trust now owns 834,656 shares of the company’s stock valued at $37,493,000 after purchasing an additional 55,249 shares during the period. 49 Wealth Management LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the third quarter valued at $32,132,000. Crews Bank & Trust purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at $27,110,000. Abound Financial LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth about $23,934,000. Finally, Avior Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.7% during the 4th quarter. Avior Wealth Management LLC now owns 475,294 shares of the company’s stock worth $21,350,000 after acquiring an additional 7,894 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 2.7 %

NYSEARCA:SPSM opened at $44.09 on Monday. The stock has a market capitalization of $12.09 billion, a PE ratio of 17.11 and a beta of 1.14. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $39.65 and a 52 week high of $50.03. The stock’s 50-day moving average price is $45.69 and its 200-day moving average price is $45.70.

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.