HBW Advisory Services LLC Lowers Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

HBW Advisory Services LLC cut its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 67.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,343 shares of the company’s stock after selling 8,942 shares during the period. HBW Advisory Services LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $210,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. First Trust Advisors LP lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after purchasing an additional 220 shares in the last quarter. Cerity Partners LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 19.3% in the 2nd quarter. Cerity Partners LLC now owns 118,719 shares of the company’s stock worth $5,057,000 after purchasing an additional 19,182 shares in the last quarter. NewEdge Advisors LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 25.2% in the 2nd quarter. NewEdge Advisors LLC now owns 172,246 shares of the company’s stock worth $7,338,000 after purchasing an additional 34,642 shares in the last quarter. Glenview Trust co increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 13.7% in the 2nd quarter. Glenview Trust co now owns 5,705 shares of the company’s stock valued at $243,000 after buying an additional 688 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock worth $111,383,000 after buying an additional 1,470,388 shares in the last quarter.

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

Shares of NYSEARCA SPSM opened at $57.21 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $41.76 and a twelve month high of $58.06. The stock’s 50 day moving average price is $55.02 and its 200-day moving average price is $51.78. The company has a market capitalization of $17.17 billion, a PE ratio of 17.02 and a beta of 1.01.

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.