Financial Insights Inc. Has $16.06 Million Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Financial Insights Inc. raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 10.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 278,497 shares of the company’s stock after purchasing an additional 27,311 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 4.4% of Financial Insights Inc.’s investment portfolio, making the stock its 7th biggest position. Financial Insights Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $16,061,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. American Trust boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 1.3% in the fourth quarter. American Trust now owns 16,493 shares of the company’s stock valued at $773,000 after buying an additional 213 shares in the last quarter. First Trust Advisors LP grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after acquiring an additional 220 shares during the last quarter. Retirement Planning Group LLC raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.8% during the first quarter. Retirement Planning Group LLC now owns 8,346 shares of the company’s stock worth $403,000 after acquiring an additional 230 shares in the last quarter. Stephens Inc. AR raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.2% during the fourth quarter. Stephens Inc. AR now owns 11,196 shares of the company’s stock worth $525,000 after acquiring an additional 238 shares in the last quarter. Finally, Fidelity D & D Bancorp Inc. lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.7% in the first quarter. Fidelity D & D Bancorp Inc. now owns 6,757 shares of the company’s stock worth $326,000 after acquiring an additional 239 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPSM opened at $56.51 on Monday. The company has a market cap of $16.97 billion, a P/E ratio of 17.02 and a beta of 1.01. The company’s 50 day moving average is $57.00 and its 200-day moving average is $53.67. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $43.66 and a 1-year high of $58.60.

SPDR Portfolio S&P 600 Small Cap ETF 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.