8,630,699 SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Sold by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC lowered its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 99.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 57,993 shares of the company’s stock after selling 8,630,699 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $3,066,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Certified Advisory Corp grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.6% in the third quarter. Certified Advisory Corp now owns 4,189 shares of the company’s stock valued at $221,000 after acquiring an additional 223 shares in the last quarter. TSG Advice Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter valued at approximately $34,748,000. SilverOak Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 27.4% during the third quarter. SilverOak Wealth Management LLC now owns 378,187 shares of the company’s stock valued at $19,991,000 after purchasing an additional 81,250 shares during the period. Trek Financial LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 129.8% during the third quarter. Trek Financial LLC now owns 12,821 shares of the company’s stock valued at $678,000 after purchasing an additional 7,242 shares during the period. Finally, Greenleaf Trust lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.5% during the third quarter. Greenleaf Trust now owns 704,971 shares of the company’s stock worth $37,265,000 after purchasing an additional 36,575 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.3%

NYSEARCA SPSM opened at $54.84 on Wednesday. The stock has a market cap of $16.12 billion, a P/E ratio of 17.02 and a beta of 1.04. The company’s fifty day simple moving average is $54.45 and its 200-day simple moving average is $53.39. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $43.66 and a 52 week high of $58.60.

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.