Park Avenue Securities LLC decreased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 97.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 292,048 shares of the company’s stock after selling 9,674,967 shares during the period. Park Avenue Securities LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $15,438,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. RKL Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at approximately $34,823,000. TSG Advice Partners LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4,230.2% in the 1st quarter. TSG Advice Partners LLC now owns 599,773 shares of the company’s stock worth $28,981,000 after purchasing an additional 585,922 shares during the period. AlphaStar Capital Management LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter worth approximately $30,581,000. Avior Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter worth approximately $29,642,000. Finally, Boston Standard Wealth Management LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the third quarter valued at approximately $19,884,000.
SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.6%
SPDR Portfolio S&P 600 Small Cap ETF stock opened at $54.29 on Wednesday. The business’s 50 day simple moving average is $54.70 and its 200 day simple moving average is $53.25. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $43.66 and a 12 month high of $58.60. The company has a market cap of $15.97 billion, a price-to-earnings ratio of 17.02 and a beta of 1.03.
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.
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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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