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

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $56.82 and last traded at $56.58, with a volume of 154601 shares changing hands. The stock had previously closed at $56.14.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 1.7%

The firm has a market capitalization of $16.43 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02. The stock’s fifty day moving average price is $53.70 and its two-hundred day moving average price is $50.77.

Institutional Trading of SPDR Portfolio S&P 600 Small Cap ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. American Trust boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.3% during the 4th quarter. American Trust now owns 16,493 shares of the company’s stock worth $773,000 after acquiring an additional 213 shares in the last quarter. First Trust Advisors LP raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the 2nd quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock worth $283,000 after acquiring an additional 220 shares in the last quarter. Retirement Planning Group LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.8% during the 1st quarter. Retirement Planning Group LLC now owns 8,346 shares of the company’s stock worth $403,000 after acquiring an additional 230 shares in the last quarter. Stephens Inc. AR raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.2% during the 4th quarter. Stephens Inc. AR now owns 11,196 shares of the company’s stock worth $525,000 after acquiring an additional 238 shares in the last quarter. Finally, Fidelity D & D Bancorp Inc. lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.7% during the first quarter. Fidelity D & D Bancorp Inc. now owns 6,757 shares of the company’s stock worth $326,000 after purchasing an additional 239 shares during 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.