Marmo Financial Group LLC Lowers Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Marmo Financial Group LLC lowered its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 45.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,863 shares of the company’s stock after selling 32,030 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up about 0.9% of Marmo Financial Group LLC’s portfolio, making the stock its 20th biggest position. Marmo Financial Group LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,800,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Betterment LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 9.2% during the 2nd quarter. Betterment LLC now owns 17,616,693 shares of the company’s stock worth $750,471,000 after buying an additional 1,485,197 shares in the last quarter. Valmark Advisers Inc. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 7.1% during the second quarter. Valmark Advisers Inc. now owns 6,263,369 shares of the company’s stock valued at $266,820,000 after buying an additional 415,695 shares during the period. Charles Schwab Investment Management Inc. raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 8.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 6,148,239 shares of the company’s stock worth $261,915,000 after buying an additional 499,599 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.6% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,281,191 shares of the company’s stock worth $151,985,000 after buying an additional 113,601 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 3,261,561 shares of the company’s stock worth $138,943,000 after buying an additional 163,374 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.7%

SPSM opened at $49.26 on Friday. The firm has a market cap of $13.84 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $34.79 and a 12 month high of $49.33. The stock has a fifty day moving average price of $47.03 and a 200-day moving average price of $45.78.

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.