Meitav Investment House Ltd. Buys Shares of 60,000 SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Meitav Investment House Ltd. purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 60,000 shares of the company’s stock, valued at approximately $2,899,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPSM. United Asset Strategies Inc. lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 44.6% during the 1st quarter. United Asset Strategies Inc. now owns 429,834 shares of the company’s stock worth $20,770,000 after acquiring an additional 132,504 shares during the last quarter. Northwest Wealth Advisors LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 19.2% during the first quarter. Northwest Wealth Advisors LLC now owns 39,379 shares of the company’s stock valued at $1,903,000 after purchasing an additional 6,344 shares in the last quarter. Montz Harcus Wealth Management LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 8.2% during the first quarter. Montz Harcus Wealth Management LLC now owns 255,778 shares of the company’s stock valued at $12,359,000 after purchasing an additional 19,475 shares in the last quarter. Downshift Financial LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 1.5% during the first quarter. Downshift Financial LLC now owns 16,651 shares of the company’s stock valued at $878,000 after purchasing an additional 245 shares in the last quarter. Finally, GM Advisory Group LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 9.3% during the first quarter. GM Advisory Group LLC now owns 9,406 shares of the company’s stock worth $454,000 after purchasing an additional 800 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.8%

Shares of SPSM traded down $0.48 during midday trading on Tuesday, reaching $56.60. The stock had a trading volume of 808,505 shares, compared to its average volume of 2,273,737. The company’s 50-day moving average is $54.49 and its 200 day moving average is $51.29. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $41.76 and a 12-month high of $58.06. The company has a market capitalization of $16.61 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01.

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.