SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Hits New 52-Week High – What’s Next?

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSMGet Free Report) hit a new 52-week high on Monday . The company traded as high as $56.61 and last traded at $56.42, with a volume of 207962 shares. The stock had previously closed at $55.91.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

The firm has a market capitalization of $16.17 billion, a P/E ratio of 17.02 and a beta of 1.02. The business has a 50 day simple moving average of $52.78 and a two-hundred day simple moving average of $50.29.

Hedge Funds Weigh In On SPDR Portfolio S&P 600 Small Cap ETF

Hedge funds have recently made changes to their positions in the business. Curry Webb Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the first quarter worth $399,000. Midwest Financial Network LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 205.6% during the 1st quarter. Midwest Financial Network LLC now owns 49,067 shares of the company’s stock valued at $2,371,000 after acquiring an additional 33,013 shares in the last quarter. Financial Solutions Advisory Group Inc. bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 1st quarter valued at $258,000. Blue Fin Capital Inc. boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 15.9% during the 1st quarter. Blue Fin Capital Inc. now owns 38,482 shares of the company’s stock valued at $1,859,000 after acquiring an additional 5,276 shares in the last quarter. Finally, Alpha Capital Advisors Inc. ADV boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.6% during the 1st quarter. Alpha Capital Advisors Inc. ADV now owns 43,798 shares of the company’s stock valued at $2,116,000 after acquiring an additional 1,101 shares in the last quarter.

About SPDR Portfolio S&P 600 Small Cap ETF

(Get Free Report)

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.

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