RKL Wealth Management LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 18.2% during the fourth quarter, Holdings Channel reports. The firm owned 611,870 shares of the company’s stock after buying an additional 94,168 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up approximately 2.4% of RKL Wealth Management LLC’s portfolio, making the stock its 9th largest holding. RKL Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $28,672,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $27,000. Lodestone Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $33,000. Kingdom Financial Group LLC. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $34,000. Clearstead Trust LLC raised its holdings in shares of 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 valued at $37,000 after purchasing an additional 553 shares during the period. Finally, MCF Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $37,000.
SPDR Portfolio S&P 600 Small Cap ETF Stock Performance
Shares of SPSM stock opened at $55.36 on Friday. The firm’s 50-day moving average is $52.63 and its 200-day moving average is $50.22. The stock has a market cap of $15.93 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $40.99 and a 52-week high of $55.41.
SPDR Portfolio S&P 600 Small Cap ETF 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.
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Want to see what other hedge funds are holding SPSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report).
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