SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Hits New 1-Year High at $46.05

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $46.05 and last traded at $45.51, with a volume of 468929 shares. The stock had previously closed at $45.78.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

The stock has a market capitalization of $11.17 billion, a price-to-earnings ratio of 13.57 and a beta of 1.15. The firm has a fifty day moving average of $42.37 and a 200 day moving average of $41.78.

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

Several hedge funds and other institutional investors have recently bought and sold shares of SPSM. Crestwood Advisors Group LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.2% during the fourth quarter. Crestwood Advisors Group LLC now owns 2,053,901 shares of the company’s stock worth $86,634,000 after purchasing an additional 64,494 shares in the last quarter. Pinnacle Wealth Planning Services Inc. boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.1% during the first quarter. Pinnacle Wealth Planning Services Inc. now owns 1,412,059 shares of the company’s stock worth $60,775,000 after purchasing an additional 41,968 shares in the last quarter. Morningstar Investment Services LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 99.1% in the fourth quarter. Morningstar Investment Services LLC now owns 1,296,596 shares of the company’s stock valued at $55,404,000 after acquiring an additional 645,355 shares in the last quarter. Spinnaker Trust lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.4% in the fourth quarter. Spinnaker Trust now owns 613,158 shares of the company’s stock valued at $25,863,000 after acquiring an additional 14,557 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 453,885 shares of the company’s stock valued at $18,850,000 after acquiring an additional 12,869 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.