SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Sets New 52-Week High – Should You Buy?

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSMGet Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as $57.77 and last traded at $57.67, with a volume of 2244183 shares changing hands. The stock had previously closed at $57.28.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.7%

The firm has a 50-day moving average of $54.14 and a 200-day moving average of $51.05. The stock has a market capitalization of $16.60 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02.

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

Large investors have recently added to or reduced their stakes in the company. American Trust raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.3% in the fourth quarter. American Trust now owns 16,493 shares of the company’s stock worth $773,000 after purchasing an additional 213 shares during the last quarter. First Trust Advisors LP increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the 2nd quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock worth $283,000 after buying an additional 220 shares during the period. Retirement Planning Group LLC increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.8% in the 1st quarter. Retirement Planning Group LLC now owns 8,346 shares of the company’s stock worth $403,000 after buying an additional 230 shares during the period. Stephens Inc. AR raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.2% during the 4th quarter. Stephens Inc. AR now owns 11,196 shares of the company’s stock worth $525,000 after buying an additional 238 shares during the last quarter. Finally, Fidelity D & D Bancorp Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.7% during the 1st quarter. Fidelity D & D Bancorp Inc. now owns 6,757 shares of the company’s stock worth $326,000 after buying an additional 239 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Company Profile

(Get Free Report)

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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