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

Pinnacle Wealth Planning Services Inc. raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,511,771 shares of the company’s stock after acquiring an additional 3,594 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF makes up approximately 1.5% of Pinnacle Wealth Planning Services Inc.’s investment portfolio, making the stock its 4th largest position. Pinnacle Wealth Planning Services Inc. owned about 0.62% of SPDR Portfolio S&P 600 Small Cap ETF worth $67,909,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in SPSM. Janney Montgomery Scott LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 27.1% in the third quarter. Janney Montgomery Scott LLC now owns 93,696 shares of the company’s stock valued at $4,264,000 after buying an additional 19,978 shares during the period. Spinnaker Trust boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 10.2% in the third quarter. Spinnaker Trust now owns 779,407 shares of the company’s stock valued at $35,471,000 after buying an additional 72,246 shares during the period. Graypoint LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 19.3% in the third quarter. Graypoint LLC now owns 7,516 shares of the company’s stock valued at $342,000 after buying an additional 1,215 shares during the period. Mainstream Capital Management LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the third quarter valued at approximately $253,000. Finally, Transcendent Capital Group LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 48.6% in the third 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.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 1.0 %

Shares of SPSM stock opened at $42.38 on Thursday. The stock has a 50 day simple moving average of $45.25 and a 200 day simple moving average of $45.69. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $39.65 and a 1 year high of $50.03. The stock has a market cap of $11.62 billion, a P/E ratio of 17.11 and a beta of 1.14.

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.