SPDR Portfolio S&P 600 Small Cap ETF $SPSM is Financial Insights Inc.’s 7th Largest Position

Financial Insights Inc. lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 9.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,186 shares of the company’s stock after purchasing an additional 21,058 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF comprises about 3.9% of Financial Insights Inc.’s portfolio, making the stock its 7th biggest position. Financial Insights Inc. owned approximately 0.09% of SPDR Portfolio S&P 600 Small Cap ETF worth $12,137,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $27,000. Brown Lisle Cummings Inc. purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 1st quarter worth approximately $27,000. Strive Financial Group LLC acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at approximately $28,000. Private Wealth Management Group LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the first quarter worth $29,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth $33,000.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPSM opened at $56.10 on Thursday. The company’s fifty day moving average price is $55.71 and its 200-day moving average price is $52.34. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $41.76 and a 1-year high of $58.06. The firm has a market capitalization of $16.85 billion, a PE ratio of 17.02 and a beta of 1.01.

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.