Essex Savings Bank Buys 1,963 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Essex Savings Bank raised its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 27.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,156 shares of the company’s stock after buying an additional 1,963 shares during the period. Essex Savings Bank’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $373,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Parallel Advisors LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2,931.1% in the 1st quarter. Parallel Advisors LLC now owns 1,364 shares of the company’s stock valued at $56,000 after buying an additional 1,319 shares during the last quarter. GAMMA Investing LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3,976.0% in the 1st quarter. GAMMA Investing LLC now owns 61,058 shares of the company’s stock valued at $2,489,000 after buying an additional 59,560 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.2% in the 4th quarter. Bank of New York Mellon Corp now owns 121,698 shares of the company’s stock valued at $5,467,000 after purchasing an additional 1,475 shares during the period. Fund Evaluation Group LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5,688.7% in the 4th quarter. Fund Evaluation Group LLC now owns 2,571,285 shares of the company’s stock valued at $115,502,000 after purchasing an additional 2,526,866 shares during the period. Finally, Exchange Capital Management Inc. lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 19.6% in the 4th quarter. Exchange Capital Management Inc. now owns 153,323 shares of the company’s stock valued at $6,887,000 after purchasing an additional 25,118 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA:SPSM opened at $41.60 on Thursday. The company has a market capitalization of $10.98 billion, a price-to-earnings ratio of 16.31 and a beta of 1.08. The business’s 50-day moving average is $40.30 and its 200-day moving average is $42.86. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $34.79 and a 1 year high of $50.03.

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.