658,787 Shares in SPDR Portfolio S&P 600 Small Cap ETF $SPSM Acquired by RKL Wealth Management LLC

RKL Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 658,787 shares of the company’s stock, valued at approximately $34,823,000. SPDR Portfolio S&P 600 Small Cap ETF comprises 2.8% of RKL Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. RKL Wealth Management LLC owned approximately 0.22% of SPDR Portfolio S&P 600 Small Cap ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Valmark Advisers Inc. grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.1% in the first quarter. Valmark Advisers Inc. now owns 5,412,325 shares of the company’s stock worth $261,524,000 after buying an additional 109,719 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.3% in the first quarter. Bank of America Corp DE now owns 3,927,202 shares of the company’s stock valued at $189,762,000 after buying an additional 86,868 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.1% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,776,135 shares of the company’s stock valued at $102,430,000 after buying an additional 19,008 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.8% during the 1st quarter. Cetera Investment Advisers now owns 1,402,122 shares of the company’s stock valued at $67,751,000 after acquiring an additional 63,809 shares during the last quarter. Finally, Patriot Investment Management Group Inc. lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.6% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 838,842 shares of the company’s stock valued at $44,341,000 after acquiring an additional 4,848 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPSM traded down $0.51 during trading hours on Friday, hitting $52.83. 1,963,753 shares of the company were exchanged, compared to its average volume of 2,085,720. The company has a market capitalization of $15.51 billion, a PE ratio of 17.02 and a beta of 1.03. The firm has a fifty day simple moving average of $55.28 and a 200-day simple moving average of $54.64. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $43.66 and a one year high of $58.60.

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.