Spinnaker Trust increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 834,656 shares of the company’s stock after buying an additional 55,249 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF comprises about 2.4% of Spinnaker Trust’s holdings, making the stock its 10th largest position. Spinnaker Trust owned approximately 0.34% of SPDR Portfolio S&P 600 Small Cap ETF worth $37,493,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in SPSM. 49 Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter worth about $32,132,000. Crews Bank & Trust purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $27,110,000. Financial Management Professionals Inc. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $5,391,000. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $3,014,000. Finally, Beck Capital Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter worth about $2,934,000.
SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.0 %
NYSEARCA SPSM opened at $45.70 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $39.65 and a 52-week high of $50.03. The business’s 50-day moving average price is $46.02 and its 200 day moving average price is $45.61. The firm has a market cap of $11.23 billion, a P/E ratio of 13.57 and a beta of 1.15.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio S&P 600 Small Cap ETF
- Most active stocks: Dollar volume vs share volume
- NVIDIA’s Hidden AI Play: The Truth Behind Its WeRide Investment
- With Risk Tolerance, One Size Does Not Fit All
- Up 50% in January, Twilio’s Pullback Is the Time to Buy
- 3 Best Fintech Stocks for a Portfolio Boost
- Watch These 3 Stocks—High Short Interest and Big Upside Potential
Receive News & Ratings for SPDR Portfolio S&P 600 Small Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 600 Small Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.