Sherman Asset Management Inc. acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 59,602 shares of the company’s stock, valued at approximately $2,677,000. SPDR Portfolio S&P 600 Small Cap ETF makes up 2.4% of Sherman Asset Management Inc.’s portfolio, making the stock its 11th largest holding.
Several other hedge funds also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth $566,000. SVB Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $222,000. Private Trust Co. NA boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 6.7% in the 4th quarter. Private Trust Co. NA now owns 52,601 shares of the company’s stock valued at $2,363,000 after buying an additional 3,306 shares during the period. First Command Advisory Services Inc. boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 11.4% in the 4th quarter. First Command Advisory Services Inc. now owns 478,214 shares of the company’s stock valued at $21,481,000 after buying an additional 48,913 shares during the period. Finally, Magnolia Private Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $330,000.
SPDR Portfolio S&P 600 Small Cap ETF Stock Performance
NYSEARCA SPSM opened at $43.63 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $39.65 and a one year high of $50.03. The company has a 50-day simple moving average of $45.44 and a 200-day simple moving average of $45.72. The firm has a market capitalization of $11.97 billion, a PE ratio of 17.11 and a beta of 1.14.
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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