Essex Savings Bank Has $323,000 Stock Position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Essex Savings Bank grew its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 10.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,193 shares of the company’s stock after purchasing an additional 702 shares during the period. Essex Savings Bank’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $323,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPSM. 49 Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at $32,132,000. Spinnaker Trust raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 10.2% during the third quarter. Spinnaker Trust now owns 779,407 shares of the company’s stock valued at $35,471,000 after buying an additional 72,246 shares in the last quarter. Beck Capital Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the third quarter worth about $2,934,000. Jaffetilchin Investment Partners LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter worth about $2,599,000. Finally, Cary Street Partners Asset Management LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 15.4% during the 3rd quarter. Cary Street Partners Asset Management LLC now owns 367,172 shares of the company’s stock valued at $16,710,000 after acquiring an additional 48,987 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM stock opened at $45.82 on Friday. The stock’s 50 day simple moving average is $46.91 and its 200 day simple moving average is $45.21. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $39.55 and a twelve month high of $50.03. The company has a market capitalization of $11.26 billion, a price-to-earnings ratio of 13.57 and a beta of 1.15.

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.