SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $54.73 and last traded at $54.73, with a volume of 31085 shares trading hands. The stock had previously closed at $53.57.
SPDR Portfolio S&P 600 Small Cap ETF Trading Up 2.2%
The company has a market capitalization of $15.75 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02. The company has a 50 day moving average price of $52.09 and a 200 day moving average price of $49.94.
Institutional Trading of SPDR Portfolio S&P 600 Small Cap ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 155.9% during the 4th quarter. Morgan Stanley now owns 13,747,260 shares of the company’s stock worth $644,197,000 after acquiring an additional 8,375,030 shares during the period. Raymond James Financial Inc. grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock worth $111,383,000 after buying an additional 1,470,388 shares during the period. LPL Financial LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the 4th quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock valued at $1,264,764,000 after acquiring an additional 1,362,095 shares during the period. Morningstar Investment Management LLC boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 310.1% during the 3rd quarter. Morningstar Investment Management LLC now owns 994,157 shares of the company’s stock worth $46,049,000 after acquiring an additional 751,719 shares during the last quarter. Finally, Betterment LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the fourth quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock worth $878,977,000 after purchasing an additional 614,934 shares in the last quarter.
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.
Featured Articles
- Five stocks we like better than SPDR Portfolio S&P 600 Small Cap ETF
- Planet Labs: Coming Back Down to Earth
- Docusign: Another Beat, Another Selloff—Why the Analysts Are Wrong
- Meta Unveils Subscriptions: A New Offering With Real Growth Potential
- 3 Longevity ETFs to Buy and Hold (and Hold)
Receive News & Ratings for SPDR Portfolio S&P 600 Small Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 600 Small Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
