SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Hits New 12-Month High – Here’s What Happened

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)’s stock price reached a new 52-week high on Friday . The stock traded as high as $52.41 and last traded at $52.25, with a volume of 155871 shares traded. The stock had previously closed at $51.62.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

The firm has a market capitalization of $15.10 billion, a P/E ratio of 17.02 and a beta of 1.02. The firm has a 50-day moving average price of $49.69 and a two-hundred day moving average price of $48.21.

Hedge Funds Weigh In On SPDR Portfolio S&P 600 Small Cap ETF

Several institutional investors have recently made changes to their positions in SPSM. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at $27,000. Strive Financial Group LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at $28,000. Financial Consulate Inc. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter valued at $30,000. Lodestone Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at $33,000. Finally, Kingdom Financial Group LLC. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at $34,000.

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.