Charter Research & Investment Group Inc. Grows Stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Charter Research & Investment Group Inc. boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 5.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,980 shares of the company’s stock after purchasing an additional 385 shares during the quarter. Charter Research & Investment Group Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $314,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SPSM. Hughes Financial Services LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at about $27,460,000. Crews Bank & Trust acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at $27,110,000. Abound Financial LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth $23,934,000. JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 21.0% in the fourth quarter. JPMorgan Chase & Co. now owns 1,565,420 shares of the company’s stock worth $70,319,000 after acquiring an additional 271,167 shares during the last quarter. Finally, Financial Management Professionals Inc. purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at $5,391,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 2.1 %

SPSM opened at $40.60 on Friday. The business’s fifty day simple moving average is $43.95 and its 200 day simple moving average is $45.34. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $39.65 and a 52 week high of $50.03. The firm has a market cap of $10.86 billion, a P/E ratio of 15.77 and a beta of 1.15.

SPDR Portfolio S&P 600 Small Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1548 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.