Raleigh Capital Management Inc. lessened its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 21.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 64,259 shares of the company’s stock after selling 17,548 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up 1.1% of Raleigh Capital Management Inc.’s portfolio, making the stock its 16th largest holding. Raleigh Capital Management Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $3,011,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of SPSM. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at about $27,000. Financial Consulate Inc. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at about $30,000. Lodestone Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at about $33,000. Clearstead Trust LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 230.4% during the 3rd quarter. Clearstead Trust LLC now owns 793 shares of the company’s stock valued at $37,000 after buying an additional 553 shares during the last quarter. Finally, Chapman Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter valued at about $38,000.
SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.6%
Shares of NYSEARCA:SPSM opened at $49.07 on Tuesday. The firm has a 50-day simple moving average of $49.53 and a 200 day simple moving average of $47.98. The company has a market cap of $14.08 billion, a PE ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.79 and a fifty-two week high of $52.04.
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.
See Also
Want to see what other hedge funds are holding SPSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report).
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