SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Shares Sold by M Holdings Securities Inc.

M Holdings Securities Inc. cut its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 95.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,271 shares of the company’s stock after selling 69,447 shares during the period. M Holdings Securities Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $147,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Cyrus J. Lawrence LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $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 approximately $196,000. SVB Wealth LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at approximately $222,000. Collier Financial acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth approximately $291,000. Finally, Essex Savings Bank increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 10.8% during the fourth quarter. Essex Savings Bank now owns 7,193 shares of the company’s stock worth $323,000 after purchasing an additional 702 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA SPSM opened at $41.21 on Friday. The company has a market cap of $11.15 billion, a P/E ratio of 15.88 and a beta of 1.15. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $39.65 and a one year high of $50.03. The business has a fifty day moving average price of $44.33 and a 200 day moving average price of $45.40.

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.