BNP Paribas Financial Markets Invests $18.80 Million in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

BNP Paribas Financial Markets acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 401,200 shares of the company’s stock, valued at approximately $18,800,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth approximately $27,000. Lodestone Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth approximately $33,000. Kingdom Financial Group LLC. acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth approximately $34,000. Clearstead Trust LLC boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 230.4% in the 3rd quarter. Clearstead Trust LLC now owns 793 shares of the company’s stock worth $37,000 after purchasing an additional 553 shares in the last quarter. Finally, Chapman Financial Group LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth approximately $38,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 1.8%

SPSM stock opened at $53.57 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $40.99 and a 52 week high of $54.66. The firm has a 50 day moving average of $52.09 and a 200 day moving average of $49.90. The stock has a market capitalization of $15.42 billion, a PE ratio of 17.02 and a beta of 1.02.

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.