Berkshire Asset Management LLC PA Boosts Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Berkshire Asset Management LLC PA boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 47.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 563,967 shares of the company’s stock after acquiring an additional 181,708 shares during the period. Berkshire Asset Management LLC PA owned 0.20% of SPDR Portfolio S&P 600 Small Cap ETF worth $26,427,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. First Trust Advisors LP lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after purchasing an additional 220 shares during the last quarter. Cerity Partners LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 19.3% in the second quarter. Cerity Partners LLC now owns 118,719 shares of the company’s stock worth $5,057,000 after buying an additional 19,182 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 25.2% in the second quarter. NewEdge Advisors LLC now owns 172,246 shares of the company’s stock valued at $7,338,000 after buying an additional 34,642 shares during the period. Glenview Trust co raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 13.7% in the second quarter. Glenview Trust co now owns 5,705 shares of the company’s stock valued at $243,000 after buying an additional 688 shares during the period. Finally, Raymond James Financial Inc. lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after buying an additional 1,470,388 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPSM stock opened at $55.65 on Wednesday. The company has a market capitalization of $16.02 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $40.99 and a fifty-two week high of $56.60. The stock has a fifty day moving average of $53.06 and a 200-day moving average of $50.42.

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.