RKL Wealth Management LLC Has $28.67 Million Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

RKL Wealth Management LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 18.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 611,870 shares of the company’s stock after acquiring an additional 94,168 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for 2.4% of RKL Wealth Management LLC’s portfolio, making the stock its 9th largest holding. RKL Wealth Management LLC owned about 0.21% of SPDR Portfolio S&P 600 Small Cap ETF worth $28,672,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. 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 worth $1,264,764,000 after purchasing an additional 1,362,095 shares during the last quarter. Betterment LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.0% in the 3rd quarter. Betterment LLC now owns 18,142,585 shares of the company’s stock worth $840,365,000 after purchasing an additional 525,892 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 6.1% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,480,713 shares of the company’s stock worth $163,106,000 after purchasing an additional 199,522 shares during the last quarter. Bank of America Corp DE raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.0% in the 3rd quarter. Bank of America Corp DE now owns 3,272,697 shares of the company’s stock worth $151,591,000 after purchasing an additional 156,866 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 6.1% in the 3rd quarter. Raymond James Financial Inc. now owns 2,773,574 shares of the company’s stock worth $128,472,000 after purchasing an additional 158,958 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM stock opened at $55.36 on Friday. The company has a 50 day moving average price of $52.63 and a 200 day moving average price of $50.22. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $40.99 and a fifty-two week high of $55.41. The stock has a market capitalization of $15.93 billion, a PE ratio of 17.02 and a beta of 1.02.

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.