658,787 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM Purchased by RKL Wealth Management LLC

RKL Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 658,787 shares of the company’s stock, valued at approximately $34,823,000. SPDR Portfolio S&P 600 Small Cap ETF makes up 2.8% of RKL Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding.

Other hedge funds also recently bought and sold shares of the company. Valmark Advisers Inc. boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.1% in the first quarter. Valmark Advisers Inc. now owns 5,412,325 shares of the company’s stock worth $261,524,000 after buying an additional 109,719 shares during the period. Bank of America Corp DE increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.3% in the first quarter. Bank of America Corp DE now owns 3,927,202 shares of the company’s stock worth $189,762,000 after acquiring an additional 86,868 shares in the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,776,135 shares of the company’s stock valued at $102,430,000 after acquiring an additional 19,008 shares during the period. Cetera Investment Advisers raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.8% during the first quarter. Cetera Investment Advisers now owns 1,402,122 shares of the company’s stock valued at $67,751,000 after acquiring an additional 63,809 shares during the period. Finally, Patriot Investment Management Group Inc. raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.6% during the third quarter. Patriot Investment Management Group Inc. now owns 838,842 shares of the company’s stock valued at $44,341,000 after acquiring an additional 4,848 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA:SPSM traded down $0.51 during mid-day trading on Friday, hitting $52.83. The stock had a trading volume of 1,963,753 shares, compared to its average volume of 2,085,720. The company has a market cap of $15.51 billion, a PE ratio of 17.02 and a beta of 1.03. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $43.66 and a 12-month high of $58.60. The company’s 50 day moving average is $55.28 and its 200-day moving average is $54.64.

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.