Pinnacle Wealth Planning Services Inc. Has $67.91 Million Stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Pinnacle Wealth Planning Services Inc. boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 0.2% in the 4th quarter, Holdings Channel reports. The firm owned 1,511,771 shares of the company’s stock after buying an additional 3,594 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 1.5% of Pinnacle Wealth Planning Services Inc.’s holdings, making the stock its 4th largest position. Pinnacle Wealth Planning Services Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $67,909,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. 49 Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter worth $32,132,000. Crews Bank & Trust acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth $27,110,000. Abound Financial LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth $23,934,000. Financial Management Professionals Inc. acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth $5,391,000. Finally, Spinnaker Trust increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 10.2% during the third quarter. Spinnaker Trust now owns 779,407 shares of the company’s stock worth $35,471,000 after buying an additional 72,246 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA:SPSM opened at $42.38 on Thursday. The company has a fifty day moving average of $45.25 and a 200-day moving average of $45.69. The company has a market capitalization of $11.62 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.

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.