SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Reaches New 1-Year High – Here’s What Happened

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $49.49 and last traded at $49.2510, with a volume of 2082 shares changing hands. The stock had previously closed at $48.91.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

The company has a fifty day moving average of $46.96 and a 200-day moving average of $45.70. The firm has a market capitalization of $13.76 billion, a PE ratio of 17.02 and a beta of 1.08.

Institutional Investors Weigh In On SPDR Portfolio S&P 600 Small Cap ETF

Several institutional investors have recently made changes to their positions in the company. Breakwater Capital Group raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 1.0% during the fourth quarter. Breakwater Capital Group now owns 66,316 shares of the company’s stock valued at $3,108,000 after acquiring an additional 647 shares in the last quarter. Baker Tilly Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 9.9% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 7,526 shares of the company’s stock valued at $353,000 after purchasing an additional 678 shares in the last quarter. Fulton Bank N.A. raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 62.2% during the 4th quarter. Fulton Bank N.A. now owns 11,587 shares of the company’s stock valued at $543,000 after purchasing an additional 4,443 shares in the last quarter. DDFG Inc lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.0% in the 4th quarter. DDFG Inc now owns 78,829 shares of the company’s stock valued at $3,694,000 after purchasing an additional 2,259 shares during the last quarter. Finally, Signet Financial Management LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 25.9% in the fourth quarter. Signet Financial Management LLC now owns 47,487 shares of the company’s stock worth $2,225,000 after purchasing an additional 9,763 shares in the last quarter.

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.