M Holdings Securities Inc. Has $147,000 Position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

M Holdings Securities Inc. cut its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 95.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,271 shares of the company’s stock after selling 69,447 shares during the period. M Holdings Securities Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $147,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cyrus J. Lawrence LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth $87,000. Wilson & Boucher Capital Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter valued at about $196,000. SVB Wealth LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth about $222,000. Collier Financial acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at about $291,000. Finally, Essex Savings Bank increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 10.8% in the 4th quarter. Essex Savings Bank now owns 7,193 shares of the company’s stock valued at $323,000 after buying an additional 702 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPSM stock opened at $41.21 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $39.65 and a fifty-two week high of $50.03. The stock’s 50 day simple moving average is $44.33 and its 200 day simple moving average is $45.40. The company has a market cap of $11.15 billion, a P/E ratio of 15.88 and a beta of 1.15.

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.