SPDR Portfolio S&P 600 Small Cap ETF $SPSM Stake Cut by Modera Wealth Management LLC

Modera Wealth Management LLC cut its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 18.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 57,079 shares of the company’s stock after selling 12,623 shares during the quarter. Modera Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,758,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. South Shore Capital Advisors purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth approximately $1,271,000. Montz Harcus Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.7% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 236,303 shares of the company’s stock valued at $11,073,000 after acquiring an additional 12,813 shares in the last quarter. Concurrent Investment Advisors LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 289.4% in the fourth quarter. Concurrent Investment Advisors LLC now owns 44,616 shares of the company’s stock worth $2,091,000 after acquiring an additional 33,159 shares during the last quarter. Patriot Investment Management Group Inc. increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.7% in the fourth quarter. Patriot Investment Management Group Inc. now owns 790,099 shares of the company’s stock worth $37,024,000 after acquiring an additional 20,560 shares during the last quarter. Finally, Fifth Third Bancorp increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.4% in the fourth quarter. Fifth Third Bancorp now owns 333,329 shares of the company’s stock worth $15,620,000 after acquiring an additional 14,066 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.8%

Shares of NYSEARCA:SPSM opened at $56.76 on Friday. The firm has a market cap of $17.05 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $41.76 and a 1 year high of $58.06. The business has a fifty day simple moving average of $55.08 and a 200 day simple moving average of $51.81.

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.