SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Hits New 1-Year High – Here’s What Happened

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) hit a new 52-week high during trading on Thursday . The stock traded as high as $56.82 and last traded at $56.58, with a volume of 154601 shares traded. The stock had previously closed at $56.14.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

The firm has a market capitalization of $16.49 billion, a PE ratio of 17.02 and a beta of 1.02. The firm’s 50-day moving average is $53.93 and its 200 day moving average is $50.89.

Institutional Investors Weigh In On SPDR Portfolio S&P 600 Small Cap ETF

Hedge funds have recently made changes to their positions in the business. Brown Lisle Cummings Inc. purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 1st quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at about $27,000. Private Wealth Management Group LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 1st quarter valued at approximately $29,000. Strive Financial Group LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at approximately $28,000. Finally, Lodestone Wealth Management LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at $33,000.

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.