SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Hits New 52-Week High – What’s Next?

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSMGet Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $49.62 and last traded at $49.59, with a volume of 1289249 shares trading hands. The stock had previously closed at $49.29.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

The stock has a market cap of $14.05 billion, a PE ratio of 17.02 and a beta of 1.08. The stock’s 50-day moving average is $47.24 and its two-hundred day moving average is $45.93.

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

A number of institutional investors have recently modified their holdings of SPSM. Financial Consulate Inc. acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter worth about $30,000. Compass Financial Services Inc lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 225.9% during the second quarter. Compass Financial Services Inc now owns 756 shares of the company’s stock worth $32,000 after purchasing an additional 524 shares in the last quarter. Topsail Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at approximately $34,000. Clearstead Trust LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 230.4% in the third quarter. Clearstead Trust LLC now owns 793 shares of the company’s stock valued at $37,000 after purchasing an additional 553 shares in the last quarter. Finally, Chapman Financial Group LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at approximately $38,000.

SPDR Portfolio S&P 600 Small Cap ETF Company Profile

(Get Free Report)

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.

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