NewEdge Advisors LLC lessened its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 62.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,604 shares of the company’s stock after selling 144,061 shares during the period. NewEdge Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,136,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the stock. 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 worth $27,000. Brown Lisle Cummings Inc. bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the first quarter valued at $27,000. Strive Financial Group LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at $28,000. Private Wealth Management Group LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the first quarter valued at about $29,000. Finally, Lodestone Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at about $33,000.
SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.8%
Shares of SPSM stock opened at $56.57 on Friday. The business has a 50-day moving average price of $55.78 and a two-hundred day moving average price of $52.39. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $41.76 and a 12-month high of $58.06. The firm has a market cap of $16.99 billion, a P/E ratio of 17.02 and a beta of 1.01.
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.
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