Opinions
John Hood
SPDR Portfolio Small Cap ETF
SPSM-N
TOP PICK
Dec 27, 2017
$30.280
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
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PAST TOP PICK
(A Top Pick Dec 06/19, Up 2%) Small caps haven't seen a strong rebound after tax-loss selling season. SPSM had several consolidation channels (a series of ups and downs within a range) in 2019, but has broken above that but hasn't returned to previous highs. SPSM holds a reasonable opportunity now. Small caps do well in February into early March.
E.T.F.'s
State Street who manufactures this ETF has decided they want to dominate this area and have cut their fees remarkably. They are down to 3 and 5 basis points. You’ve got to go into a small cap ETF. The price to book on this one is a little bit better than the iShares one, although certainly not as large.