Garrett Wealth Advisory Group LLC Sells 30,962 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Garrett Wealth Advisory Group LLC decreased its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 6.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 439,917 shares of the company’s stock after selling 30,962 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF comprises about 4.0% of Garrett Wealth Advisory Group LLC’s portfolio, making the stock its 8th biggest position. Garrett Wealth Advisory Group LLC owned approximately 0.16% of SPDR Portfolio S&P 600 Small Cap ETF worth $18,740,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Compass Financial Services Inc boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 225.9% in the second quarter. Compass Financial Services Inc now owns 756 shares of the company’s stock worth $32,000 after acquiring an additional 524 shares in the last quarter. Topsail Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at about $34,000. Retirement Wealth Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at about $43,000. MeadowBrook Investment Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at approximately $49,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth approximately $51,000.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.1%

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $44.48 on Thursday. The firm’s 50 day simple moving average is $46.16 and its two-hundred day simple moving average is $44.21. The firm has a market capitalization of $12.17 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 $50.03.

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.