RKL Wealth Management LLC Acquires 39,728 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

RKL Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 8.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 517,702 shares of the company’s stock after buying an additional 39,728 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF comprises approximately 2.0% of RKL Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. RKL Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $23,980,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 21.8% during the 3rd quarter. US Bancorp DE now owns 6,436 shares of the company’s stock worth $298,000 after purchasing an additional 1,153 shares in the last quarter. GGM Financials LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the third quarter valued at about $157,000. Cary Street Partners Financial LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.8% during the 3rd quarter. Cary Street Partners Financial LLC now owns 216,766 shares of the company’s stock worth $10,041,000 after acquiring an additional 3,750 shares during the period. Bradley Foster & Sargent Inc. CT boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.8% during the third quarter. Bradley Foster & Sargent Inc. CT now owns 84,744 shares of the company’s stock worth $3,925,000 after purchasing an additional 4,666 shares during the period. Finally, Vawter Financial Ltd. purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at approximately $454,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA:SPSM opened at $50.91 on Thursday. The business’s fifty day moving average is $49.56 and its 200 day moving average is $47.38. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.79 and a 52-week high of $52.04. The firm has a market cap of $14.50 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08.

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.