Sherman Asset Management Inc. Raises Holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Sherman Asset Management Inc. boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 9.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,974 shares of the company’s stock after purchasing an additional 5,372 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises 2.5% of Sherman Asset Management Inc.’s investment portfolio, making the stock its 11th largest position. Sherman Asset Management Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Copia Wealth Management bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at about $27,000. Parallel Advisors LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2,931.1% in the first quarter. Parallel Advisors LLC now owns 1,364 shares of the company’s stock worth $56,000 after purchasing an additional 1,319 shares during the last quarter. Ameriflex Group Inc. purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at about $66,000. Cyrus J. Lawrence LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at approximately $87,000. Finally, NBC Securities Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 107,580.0% during the 1st quarter. NBC Securities Inc. now owns 5,384 shares of the company’s stock valued at $219,000 after purchasing an additional 5,379 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA SPSM opened at $41.97 on Monday. The stock has a market cap of $11.07 billion, a P/E ratio of 16.31 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.79 and a fifty-two week high of $50.03. The stock has a 50 day simple moving average of $39.59 and a two-hundred day simple moving average of $43.17.

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.