Mengis Capital Management Inc. Buys 2,359 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Mengis Capital Management Inc. increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 35.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,998 shares of the company’s stock after acquiring an additional 2,359 shares during the quarter. Mengis Capital Management Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $404,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 49 Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the third quarter valued at $32,132,000. Crews Bank & Trust purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at $27,110,000. Abound Financial LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at $23,934,000. Financial Management Professionals Inc. purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at $5,391,000. Finally, Spinnaker Trust raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 10.2% during the third quarter. Spinnaker Trust now owns 779,407 shares of the company’s stock valued at $35,471,000 after purchasing an additional 72,246 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.4 %

Shares of SPSM opened at $43.92 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $39.65 and a twelve month high of $50.03. The company has a market cap of $12.05 billion, a P/E ratio of 17.11 and a beta of 1.14. The company’s fifty day simple moving average is $45.69 and its 200-day simple moving average is $45.70.

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.