JPMorgan Chase & Co. Purchases 271,167 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 21.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,565,420 shares of the company’s stock after acquiring an additional 271,167 shares during the period. JPMorgan Chase & Co. owned 0.64% of SPDR Portfolio S&P 600 Small Cap ETF worth $70,319,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Cyrus J. Lawrence LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at $87,000. Wilson & Boucher Capital Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter valued at about $196,000. SVB Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at about $222,000. Collier Financial acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $291,000. Finally, Essex Savings Bank increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 10.8% in the 4th quarter. Essex Savings Bank now owns 7,193 shares of the company’s stock valued at $323,000 after buying an additional 702 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPSM stock opened at $36.89 on Friday. The stock’s 50 day simple moving average is $43.27 and its 200 day simple moving average is $45.19. The company has a market cap of $9.87 billion, a P/E ratio of 15.77 and a beta of 1.15. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $35.93 and a fifty-two week high of $50.03.

SPDR Portfolio S&P 600 Small Cap ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a $0.1548 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.