SPDR Portfolio S&P 600 Small Cap ETF (SPSM)
After hours:
| Previous Close | 42.00 |
| Open | 42.27 |
| Bid | 41.90 x 1200 |
| Ask | 42.53 x 2900 |
| Day's Range | 42.08 - 42.39 |
| 52 Week Range | 34.17 - 43.43 |
| Volume | |
| Avg. Volume | 1,455,359 |
| Net Assets | 9.96B |
| NAV | 42.37 |
| PE Ratio (TTM) | 13.40 |
| Yield | 1.70% |
| YTD Daily Total Return | 0.78% |
| Beta (5Y Monthly) | 1.02 |
| Expense Ratio (net) | 0.03% |
| Inception Date | 2013-07-08 |
- Yahoo Finance Video
Why investors are betting on actively-managed small-cap ETFs
According to Strategas, only about 7% of small-cap ETF assets are held in actively-managed funds, yet those funds account for more than 40% of this year's fund flows into the small-cap ETF space. Why? As Strategas Securities ETF and Technical Strategist Todd Sohn explains in the video above, it likely has to do with what small-cap ETFs are investing in. Given higher interest rates, Sohn says, "the flaws have been exposed," pointing out that a lot of small-cap ETFs have high exposure to interest-rate sensitive sectors such as regional banks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Business WireState Street Global Advisors Enhances its SPDR® Portfolio ETF™ Suite
BOSTON, August 01, 2023--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced total expense ratio ("TER") reductions on 10 funds in its low-cost SPDR Portfolio ETF suite. These reductions make the funds the lowest or among the lowest-cost ETF offerings in their respective peer groups.1
ZacksNo Fed Rate Hike This Week? ETFs to Buy
The Fed is expected to take a breather at its June 13-14 meeting, leaving interest rates unchanged for the first time in over a year.
