Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $57.77 and last traded at $57.67, with a volume of 2244183 shares. The stock had previously closed at $57.28.
SPDR Portfolio S&P 600 Small Cap ETF Price Performance
The company has a market capitalization of $16.60 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02. The firm has a fifty day simple moving average of $54.14 and a 200 day simple moving average of $51.05.
Institutional Investors Weigh In On SPDR Portfolio S&P 600 Small Cap ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in SPSM. Concurrent Investment Advisors LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 289.4% in the 4th quarter. Concurrent Investment Advisors LLC now owns 44,616 shares of the company’s stock worth $2,091,000 after purchasing an additional 33,159 shares in the last quarter. Montz Harcus Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.7% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 236,303 shares of the company’s stock valued at $11,073,000 after purchasing an additional 12,813 shares in the last quarter. South Shore Capital Advisors purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at approximately $1,271,000. Blueprint Financial Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the third quarter valued at approximately $821,000. Finally, Patriot Investment Management Group Inc. increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.7% in the fourth quarter. Patriot Investment Management Group Inc. now owns 790,099 shares of the company’s stock valued at $37,024,000 after purchasing an additional 20,560 shares during the last quarter.
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.
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