Graney & King LLC Makes New Investment in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Graney & King LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,475 shares of the company’s stock, valued at approximately $471,000.

Several other large investors have also modified their holdings of the stock. Crestwood Advisors Group LLC lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 0.7% during the fourth quarter. Crestwood Advisors Group LLC now owns 2,199,309 shares of the company’s stock worth $98,793,000 after buying an additional 15,871 shares during the period. Spinnaker Trust lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 7.1% in the fourth quarter. Spinnaker Trust now owns 834,656 shares of the company’s stock worth $37,493,000 after acquiring an additional 55,249 shares during the last quarter. Hughes Financial Services LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth about $27,460,000. Crews Bank & Trust bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth about $27,110,000. Finally, Abound Financial LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth $23,934,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.5 %

Shares of SPSM opened at $41.91 on Wednesday. The firm has a market cap of $11.34 billion, a price-to-earnings ratio of 15.88 and a beta of 1.15. The company’s fifty day moving average is $44.22 and its 200-day moving average is $45.39. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $39.65 and a 12 month high of $50.03.

SPDR Portfolio S&P 600 Small Cap ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be paid a $0.1548 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.