RKL Wealth Management LLC Has $27.55 Million Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

RKL Wealth Management LLC trimmed its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 6.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 570,265 shares of the company’s stock after selling 41,605 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 2.5% of RKL Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. RKL Wealth Management LLC owned 0.20% of SPDR Portfolio S&P 600 Small Cap ETF worth $27,555,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of SPSM. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth about $27,000. Brown Lisle Cummings Inc. purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the first quarter worth approximately $27,000. Strive Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth approximately $28,000. Private Wealth Management Group LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 1st quarter worth approximately $29,000. Finally, Lodestone Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth approximately $33,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.5%

SPSM opened at $57.38 on Thursday. The business has a fifty day moving average of $54.23 and a 200 day moving average of $51.11. The stock has a market cap of $16.85 billion, a P/E ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $41.76 and a 52-week high of $58.07.

About SPDR Portfolio S&P 600 Small Cap ETF

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.