Oarsman Capital Inc. Buys 33,450 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Oarsman Capital Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 12.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 300,881 shares of the company’s stock after purchasing an additional 33,450 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 2.4% of Oarsman Capital Inc.’s holdings, making the stock its 9th biggest position. Oarsman Capital Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $13,516,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SPSM. Continuum Advisory LLC lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 19.3% in the third quarter. Continuum Advisory LLC now owns 8,126 shares of the company’s stock worth $385,000 after purchasing an additional 1,312 shares during the period. Wilson & Boucher Capital Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter worth about $196,000. American Trust boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.5% during the 3rd quarter. American Trust now owns 11,614 shares of the company’s stock valued at $529,000 after acquiring an additional 390 shares in the last quarter. Hudson Valley Investment Advisors Inc. ADV increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 10.2% in the fourth quarter. Hudson Valley Investment Advisors Inc. ADV now owns 107,810 shares of the company’s stock valued at $4,843,000 after acquiring an additional 9,970 shares during the period. Finally, ST Germain D J Co. Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 4.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 431,942 shares of the company’s stock worth $19,403,000 after purchasing an additional 19,790 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 4.3 %

Shares of SPSM opened at $36.89 on Friday. The company has a 50-day moving average price of $43.27 and a two-hundred day moving average price of $45.19. The stock has a market cap of $9.87 billion, a price-to-earnings ratio of 15.77 and a beta of 1.15. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $35.93 and a 12 month high of $50.03.

SPDR Portfolio S&P 600 Small Cap ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.1548 per share. The ex-dividend date was Monday, March 24th.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.