Raleigh Capital Management Inc. Sells 10,998 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Raleigh Capital Management Inc. lessened its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 17.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,261 shares of the company’s stock after selling 10,998 shares during the period. Raleigh Capital Management Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,574,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Brown Lisle Cummings Inc. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 1st quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at about $27,000. Private Wealth Management Group LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the first quarter worth about $29,000. Strive Financial Group LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $28,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at about $33,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM stock opened at $56.95 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $41.76 and a 52 week high of $58.06. The company’s 50 day moving average price is $54.40 and its two-hundred day moving average price is $51.21. The company has a market capitalization of $16.72 billion, a P/E ratio of 17.02 and a beta of 1.01.

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.