Sherman Asset Management Inc. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 59,602 shares of the company’s stock, valued at approximately $2,677,000. SPDR Portfolio S&P 600 Small Cap ETF comprises approximately 2.4% of Sherman Asset Management Inc.’s investment portfolio, making the stock its 11th biggest holding.
Several other large investors have also recently bought and sold shares of SPSM. 49 Wealth Management LLC acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at $32,132,000. Crews Bank & Trust acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at $27,110,000. Abound Financial LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at $23,934,000. Financial Management Professionals Inc. bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at $5,391,000. Finally, Spinnaker Trust increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 10.2% in the 3rd quarter. Spinnaker Trust now owns 779,407 shares of the company’s stock valued at $35,471,000 after buying an additional 72,246 shares during the period.
SPDR Portfolio S&P 600 Small Cap ETF Price Performance
Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $43.63 on Friday. The firm has a market capitalization of $11.97 billion, a PE ratio of 17.11 and a beta of 1.14. The company’s fifty day moving average price is $45.44 and its two-hundred day moving average price is $45.72. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $39.65 and a 52-week high of $50.03.
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.
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