RKL Wealth Management LLC Has $23.98 Million Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

RKL Wealth Management LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 8.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 517,702 shares of the company’s stock after purchasing an additional 39,728 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 2.0% of RKL Wealth Management LLC’s holdings, making the stock its 11th largest holding. RKL Wealth Management LLC owned 0.19% of SPDR Portfolio S&P 600 Small Cap ETF worth $23,980,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPSM. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 11.2% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 130,500 shares of the company’s stock valued at $5,559,000 after buying an additional 13,100 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 3,261,561 shares of the company’s stock valued at $138,943,000 after acquiring an additional 163,374 shares during the period. Oarsman Capital Inc. grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 24.8% during the 2nd quarter. Oarsman Capital Inc. now owns 431,350 shares of the company’s stock worth $18,375,000 after purchasing an additional 85,761 shares in the last quarter. 626 Financial LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 26.9% during the 2nd quarter. 626 Financial LLC now owns 109,777 shares of the company’s stock worth $4,677,000 after acquiring an additional 23,251 shares during the period. Finally, World Investment Advisors raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 7.5% in the second quarter. World Investment Advisors now owns 27,832 shares of the company’s stock valued at $1,186,000 after purchasing an additional 1,946 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.3%

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $50.91 on Thursday. The company has a 50 day moving average of $49.56 and a 200-day moving average of $47.38. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $34.79 and a 1-year high of $52.04. The company has a market cap of $14.50 billion, a PE 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.