SPDR Portfolio S&P 600 Small Cap ETF $SPSM Stock: Leicht Financial Planning & Wealth Management Inc. Trims Position

Leicht Financial Planning & Wealth Management Inc. cut its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 303,500 shares of the company’s stock after selling 10,783 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises 6.6% of Leicht Financial Planning & Wealth Management Inc.’s portfolio, making the stock its 5th biggest position. Leicht Financial Planning & Wealth Management Inc. owned 0.10% of SPDR Portfolio S&P 600 Small Cap ETF worth $16,043,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SPSM. Boston Standard Wealth Management LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the third quarter worth about $19,884,000. Cornerstone Advisors Asset Management LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 27.0% in the second quarter. Cornerstone Advisors Asset Management LLC now owns 465,415 shares of the company’s stock worth $26,840,000 after purchasing an additional 99,008 shares in the last quarter. Tidal Investments LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at about $1,469,000. Avior Wealth Management LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.6% during the second quarter. Avior Wealth Management LLC now owns 558,732 shares of the company’s stock valued at $32,222,000 after buying an additional 8,770 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,776,135 shares of the company’s stock valued at $102,430,000 after buying an additional 19,008 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA:SPSM opened at $53.49 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $43.66 and a fifty-two week high of $58.60. The stock has a market capitalization of $15.72 billion, a P/E ratio of 17.02 and a beta of 1.04. The company’s 50-day simple moving average is $54.28 and its 200-day simple moving average is $53.45.

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.