532,819 Shares in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Bought by Abound Financial LLC

Abound Financial LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 532,819 shares of the company’s stock, valued at approximately $23,934,000. SPDR Portfolio S&P 600 Small Cap ETF accounts for 12.1% of Abound Financial LLC’s holdings, making the stock its biggest holding. Abound Financial LLC owned 0.22% of SPDR Portfolio S&P 600 Small Cap ETF as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. 49 Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at about $32,132,000. Crews Bank & Trust acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $27,110,000. Financial Management Professionals Inc. acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $5,391,000. Spinnaker Trust raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 10.2% in the 3rd quarter. Spinnaker Trust now owns 779,407 shares of the company’s stock valued at $35,471,000 after purchasing an additional 72,246 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $3,014,000.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM opened at $44.09 on Friday. The business’s 50-day moving average price is $45.69 and its two-hundred day moving average price is $45.65. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $39.65 and a 1 year high of $50.03. The company has a market capitalization of $12.09 billion, a price-to-earnings ratio of 17.11 and a beta of 1.14.

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.