Exchange Capital Management Inc. Buys 25,118 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Exchange Capital Management Inc. lifted its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 19.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 153,323 shares of the company’s stock after acquiring an additional 25,118 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for 1.1% of Exchange Capital Management Inc.’s portfolio, making the stock its 25th largest position. Exchange Capital Management Inc. owned about 0.06% of SPDR Portfolio S&P 600 Small Cap ETF worth $6,887,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. 49 Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at about $32,132,000. Crews Bank & Trust purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth $27,110,000. Abound Financial LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at approximately $23,934,000. Financial Management Professionals Inc. acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth about $5,391,000. Finally, Spinnaker Trust lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 10.2% in the third quarter. Spinnaker Trust now owns 779,407 shares of the company’s stock valued at $35,471,000 after acquiring an additional 72,246 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA SPSM opened at $43.92 on Tuesday. The stock has a market capitalization of $12.05 billion, a price-to-earnings ratio of 17.11 and a beta of 1.14. The firm’s 50 day simple moving average is $45.69 and its 200-day simple moving average is $45.70. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $39.65 and a 12 month 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.