Forefront Wealth Partners LLC Buys 29,287 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Forefront Wealth Partners LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 245.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 41,202 shares of the company’s stock after buying an additional 29,287 shares during the period. Forefront Wealth Partners LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,908,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Ascent Group LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 54.0% during the 3rd quarter. Ascent Group LLC now owns 26,388 shares of the company’s stock worth $1,222,000 after buying an additional 9,258 shares in the last quarter. Armbruster Capital Management Inc. lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 20.2% in the third quarter. Armbruster Capital Management Inc. now owns 33,010 shares of the company’s stock worth $1,529,000 after acquiring an additional 5,548 shares during the period. Montz Harcus Wealth Management LLC grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.7% during the 3rd quarter. Montz Harcus Wealth Management LLC now owns 223,490 shares of the company’s stock worth $10,352,000 after acquiring an additional 5,789 shares in the last quarter. Main Line Retirement Advisors LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at about $230,000. Finally, Pure Financial Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.0% in the 3rd quarter. Pure Financial Advisors LLC now owns 285,957 shares of the company’s stock valued at $13,246,000 after purchasing an additional 2,850 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM opened at $47.44 on Wednesday. The company has a 50 day moving average price of $46.80 and a 200-day moving average price of $45.46. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.79 and a fifty-two week high of $49.02. The stock has a market capitalization of $12.98 billion, a PE ratio of 17.02 and a beta of 1.08.

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.