Richardson Financial Services Inc. Buys Shares of 37,035 SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Richardson Financial Services Inc. purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSMFree Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 37,035 shares of the company’s stock, valued at approximately $1,562,000. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 1.4% of Richardson Financial Services Inc.’s holdings, making the stock its 11th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ameriprise Financial Inc. boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 52.9% in the third quarter. Ameriprise Financial Inc. now owns 6,501,149 shares of the company’s stock worth $239,892,000 after purchasing an additional 2,248,179 shares during the last quarter. Morningstar Investment Services LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 99.1% in the fourth quarter. Morningstar Investment Services LLC now owns 1,296,596 shares of the company’s stock worth $55,404,000 after buying an additional 645,355 shares during the last quarter. Avior Wealth Management LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 60.8% during the fourth quarter. Avior Wealth Management LLC now owns 272,191 shares of the company’s stock valued at $11,481,000 after buying an additional 102,934 shares during the period. Wall Capital Group Inc. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 70.1% during the fourth quarter. Wall Capital Group Inc. now owns 236,443 shares of the company’s stock valued at $9,973,000 after buying an additional 97,471 shares during the last quarter. Finally, Oarsman Capital Inc. raised its position 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 acquiring an additional 74,191 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 1.4 %

SPSM traded down $0.58 during trading on Friday, hitting $40.91. The company’s stock had a trading volume of 806,412 shares, compared to its average volume of 1,833,500. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.17 and a one year high of $43.43. The firm has a market cap of $10.05 billion, a PE ratio of 13.57 and a beta of 1.15. The business’s 50 day simple moving average is $41.73 and its 200-day simple moving average is $41.39.

SPDR Portfolio S&P 600 Small Cap ETF Company Profile

(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.

See Also

Want to see what other hedge funds are holding SPSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSMFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

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