SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Bought by Valmark Advisers Inc.

Valmark Advisers Inc. lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 2.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,412,325 shares of the company’s stock after acquiring an additional 109,719 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF comprises approximately 3.1% of Valmark Advisers Inc.’s holdings, making the stock its 8th largest position. Valmark Advisers Inc. owned about 1.88% of SPDR Portfolio S&P 600 Small Cap ETF worth $261,524,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth approximately $27,000. Brown Lisle Cummings Inc. acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the first quarter valued at approximately $27,000. Strive Financial Group LLC acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at approximately $28,000. Private Wealth Management Group LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the first quarter valued at approximately $29,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at approximately $33,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock traded up $0.03 on Friday, reaching $56.60. The stock had a trading volume of 1,057,801 shares, compared to its average volume of 2,287,545. The business’s 50-day moving average price is $54.77 and its two-hundred day moving average price is $51.51. The stock has a market cap of $16.86 billion, a P/E ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $41.76 and a fifty-two week high of $58.06.

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.