Hughes Financial Services LLC Purchases Shares of 611,304 SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Hughes Financial Services LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 611,304 shares of the company’s stock, valued at approximately $27,460,000. SPDR Portfolio S&P 600 Small Cap ETF accounts for 5.6% of Hughes Financial Services LLC’s investment portfolio, making the stock its 7th biggest holding. Hughes Financial Services LLC owned about 0.25% of SPDR Portfolio S&P 600 Small Cap ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in SPSM. Tidemark LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 7.5% in the third quarter. Tidemark LLC now owns 25,435 shares of the company’s stock valued at $1,158,000 after purchasing an additional 1,775 shares during the period. Fifth Third Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the third quarter valued at approximately $464,000. Avior Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.5% in the third quarter. Avior Wealth Management LLC now owns 467,400 shares of the company’s stock valued at $21,271,000 after purchasing an additional 15,882 shares during the period. 49 Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the third quarter valued at approximately $32,132,000. Finally, Private Trust Co. NA increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.6% in the third quarter. Private Trust Co. NA now owns 49,295 shares of the company’s stock valued at $2,243,000 after purchasing an additional 1,228 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA SPSM opened at $40.03 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $39.65 and a 12 month high of $50.03. The firm has a market capitalization of $10.83 billion, a PE ratio of 15.88 and a beta of 1.15. The company’s 50 day simple moving average is $44.77 and its 200 day simple moving average is $45.55.

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.