SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Sold by Summit Global Investments

Summit Global Investments reduced its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 63.3% in the 1st quarter, Holdings Channel reports. The fund owned 59,529 shares of the company’s stock after selling 102,842 shares during the period. Summit Global Investments’ holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,876,000 as of its most recent filing with the Securities and Exchange Commission.

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

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM opened at $56.42 on Tuesday. The firm has a fifty day moving average price of $55.14 and a 200 day moving average price of $51.91. 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 stock has a market cap of $16.95 billion, a P/E ratio of 17.02 and a beta of 1.01.

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.