Elgethun Capital Management Reduces Stock Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Elgethun Capital Management trimmed its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 59.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,591 shares of the company’s stock after selling 32,804 shares during the quarter. Elgethun Capital Management’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,045,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vise Technologies Inc. acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth approximately $741,000. PNC Financial Services Group Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 6.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,908,244 shares of the company’s stock worth $81,291,000 after buying an additional 108,624 shares during the last quarter. Good Life Advisors LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 6.3% during the 2nd quarter. Good Life Advisors LLC now owns 619,262 shares of the company’s stock valued at $26,381,000 after acquiring an additional 36,974 shares during the period. Intrua Financial LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 17.8% during the 2nd quarter. Intrua Financial LLC now owns 6,532 shares of the company’s stock valued at $278,000 after acquiring an additional 989 shares during the period. Finally, Hibernia Wealth Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 99.9% in the 2nd quarter. Hibernia Wealth Partners LLC now owns 172,419 shares of the company’s stock valued at $7,345,000 after acquiring an additional 86,161 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA:SPSM opened at $47.63 on Friday. The company’s fifty day moving average price is $49.98 and its 200-day moving average price is $47.73. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $34.79 and a 1-year high of $52.04. The firm has a market capitalization of $13.57 billion, a P/E ratio of 17.02 and a beta of 1.08.

SPDR Portfolio S&P 600 Small Cap ETF 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.