Securian Asset Management Inc. Has $2.75 Million Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Securian Asset Management Inc. raised its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 36.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 58,724 shares of the company’s stock after purchasing an additional 15,700 shares during the quarter. Securian Asset Management Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,752,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SPSM. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth $27,000. Lodestone Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth $33,000. Clearstead Trust LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 230.4% during the 3rd quarter. Clearstead Trust LLC now owns 793 shares of the company’s stock worth $37,000 after purchasing an additional 553 shares during the last quarter. Teachers Retirement System of The State of Kentucky acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth $38,000. Finally, Chapman Financial Group LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter worth $38,000.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPSM opened at $53.83 on Monday. The company’s fifty day moving average is $50.21 and its 200-day moving average is $48.87. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $40.00 and a 12 month high of $54.26. The firm has a market cap of $15.49 billion, a price-to-earnings ratio of 17.02 and a beta of 1.04.

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.