Meitav Investment House Ltd. Makes New Investment in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Meitav Investment House Ltd. acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the first quarter, HoldingsChannel reports. The firm acquired 60,000 shares of the company’s stock, valued at approximately $2,899,000.

A number of other institutional investors also recently made changes to their positions in the business. United Asset Strategies Inc. grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 44.6% during the 1st quarter. United Asset Strategies Inc. now owns 429,834 shares of the company’s stock valued at $20,770,000 after purchasing an additional 132,504 shares during the last quarter. Northwest Wealth Advisors LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 19.2% in the 1st quarter. Northwest Wealth Advisors LLC now owns 39,379 shares of the company’s stock worth $1,903,000 after purchasing an additional 6,344 shares during the period. Montz Harcus Wealth Management LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 8.2% in the first quarter. Montz Harcus Wealth Management LLC now owns 255,778 shares of the company’s stock worth $12,359,000 after purchasing an additional 19,475 shares during the last quarter. Downshift Financial LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 1.5% in the first quarter. Downshift Financial LLC now owns 16,651 shares of the company’s stock worth $878,000 after purchasing an additional 245 shares during the last quarter. Finally, GM Advisory Group LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 9.3% during the first quarter. GM Advisory Group LLC now owns 9,406 shares of the company’s stock valued at $454,000 after buying an additional 800 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA SPSM traded down $0.48 during trading on Tuesday, hitting $56.60. 808,505 shares of the company’s stock traded hands, compared to its average volume of 2,273,737. The stock has a fifty day moving average of $54.49 and a two-hundred day moving average of $51.29. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $41.76 and a 12-month high of $58.06. The firm has a market cap of $16.61 billion, a P/E ratio of 17.02 and a beta of 1.01.

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.