Arkansas Financial Group Inc. Buys 20,130 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Arkansas Financial Group Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 35.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 77,322 shares of the company’s stock after acquiring an additional 20,130 shares during the period. Arkansas Financial Group Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $3,519,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SPSM. Oarsman Capital Inc. raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 64.8% in the fourth quarter. Oarsman Capital Inc. now owns 188,684 shares of the company’s stock worth $7,959,000 after buying an additional 74,191 shares in the last quarter. Exchange Capital Management Inc. increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 810.5% during the 1st quarter. Exchange Capital Management Inc. now owns 68,231 shares of the company’s stock valued at $2,937,000 after buying an additional 60,737 shares in the last quarter. Citizens & Northern Corp purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at approximately $1,970,000. Avior Wealth Management LLC boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 15.8% in the 1st quarter. Avior Wealth Management LLC now owns 315,233 shares of the company’s stock worth $13,568,000 after purchasing an additional 43,042 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.1% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 1,412,059 shares of the company’s stock worth $60,775,000 after purchasing an additional 41,968 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 1.4 %

Shares of NYSEARCA SPSM traded up $0.64 during midday trading on Friday, reaching $45.04. The company had a trading volume of 898,785 shares, compared to its average volume of 1,693,948. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $34.17 and a 1 year high of $46.96. The business’s 50-day simple moving average is $44.25 and its 200 day simple moving average is $42.82. The stock has a market cap of $11.06 billion, a P/E ratio of 13.57 and a beta of 1.15.

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.