SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $48.14 and last traded at $48.01, with a volume of 36149 shares. The stock had previously closed at $45.64.
SPDR Portfolio S&P 600 Small Cap ETF Price Performance
The stock has a market cap of $11.89 billion, a price-to-earnings ratio of 13.57 and a beta of 1.15. The business has a fifty day moving average of $44.78 and a 200 day moving average of $43.37.
Institutional Investors Weigh In On SPDR Portfolio S&P 600 Small Cap ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Whittier Trust Co. raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 229.0% during the first quarter. Whittier Trust Co. now owns 3,079 shares of the company’s stock worth $133,000 after acquiring an additional 2,143 shares during the last quarter. Pinkerton Retirement Specialists LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 1st quarter worth $525,000. Pinnacle Wealth Planning Services Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.1% during the first quarter. Pinnacle Wealth Planning Services Inc. now owns 1,412,059 shares of the company’s stock worth $60,775,000 after purchasing an additional 41,968 shares during the period. Mount Yale Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the first quarter valued at about $269,000. Finally, Clear Point Advisors Inc. acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF in the first quarter valued at about $65,000.
SPDR Portfolio S&P 600 Small Cap ETF Company 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.
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