RKL Wealth Management LLC Has $27.55 Million Stock Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

RKL Wealth Management LLC trimmed its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 6.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 570,265 shares of the company’s stock after selling 41,605 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises 2.5% of RKL Wealth Management LLC’s holdings, making the stock its 8th biggest holding. RKL Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $27,555,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. American Trust increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.3% during the fourth quarter. American Trust now owns 16,493 shares of the company’s stock worth $773,000 after acquiring an additional 213 shares during the period. First Trust Advisors LP boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after purchasing an additional 220 shares during the period. Stephens Inc. AR grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.2% in the fourth quarter. Stephens Inc. AR now owns 11,196 shares of the company’s stock worth $525,000 after purchasing an additional 238 shares in the last quarter. Anchor Investment Management LLC grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.6% in the third quarter. Anchor Investment Management LLC now owns 9,863 shares of the company’s stock worth $457,000 after purchasing an additional 250 shares in the last quarter. Finally, Headinvest LLC grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 0.9% in the fourth quarter. Headinvest LLC now owns 30,068 shares of the company’s stock worth $1,409,000 after purchasing an additional 260 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.5%

SPSM opened at $57.38 on Thursday. The stock’s fifty day moving average is $54.23 and its two-hundred day moving average is $51.11. The company has a market capitalization of $16.85 billion, a P/E ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $41.76 and a 52 week high of $58.07.

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.