Royal Bank of Canada Has $35.59 Million Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Royal Bank of Canada raised its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 12.1% in the first quarter, Holdings Channel reports. The firm owned 736,492 shares of the company’s stock after acquiring an additional 79,435 shares during the quarter. Royal Bank of Canada’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $35,588,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. First Trust Advisors LP grew its stake 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 buying an additional 220 shares in the last quarter. Cerity Partners LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 19.3% in the second quarter. Cerity Partners LLC now owns 118,719 shares of the company’s stock valued at $5,057,000 after acquiring an additional 19,182 shares during the last quarter. NewEdge Advisors LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 25.2% in the second quarter. NewEdge Advisors LLC now owns 172,246 shares of the company’s stock valued at $7,338,000 after acquiring an additional 34,642 shares during the last quarter. Glenview Trust co grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 13.7% in the 2nd quarter. Glenview Trust co now owns 5,705 shares of the company’s stock valued at $243,000 after acquiring an additional 688 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock worth $111,383,000 after purchasing an additional 1,470,388 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM stock opened at $57.49 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $42.42 and a 52-week high of $58.06. The stock has a market cap of $17.27 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01. The firm’s 50-day moving average is $55.92 and its 200-day moving average is $52.50.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.