SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Short Interest Down 41.3% in August

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 569,073 shares, a decrease of 41.3% from the August 15th total of 969,711 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 1,046,940 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of SPDR Portfolio S&P 600 Small Cap ETF

Large investors have recently modified their holdings of the stock. LPL Financial LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the 4th quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock valued at $1,264,764,000 after purchasing an additional 1,362,095 shares in the last quarter. Valmark Advisers Inc. grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.1% during 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 in the last quarter. Bank of America Corp DE increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.3% during the first quarter. Bank of America Corp DE now owns 3,927,202 shares of the company’s stock worth $189,762,000 after buying an additional 86,868 shares during the period. Wealthcare Advisory Partners LLC increased its stake 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 worth $102,430,000 after buying an additional 19,008 shares during the period. Finally, Texas Permanent School Fund Corp raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 0.4% in the fourth quarter. Texas Permanent School Fund Corp now owns 1,810,603 shares of the company’s stock valued at $84,845,000 after acquiring an additional 6,486 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock traded down $0.38 on Friday, reaching $54.08. The company had a trading volume of 665,763 shares, compared to its average volume of 2,100,344. The firm’s 50 day moving average price is $56.70 and its two-hundred day moving average price is $53.94. The firm has a market cap of $15.69 billion, a PE ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $43.66 and a 52-week high of $58.60.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.