Cambridge Investment Research Advisors Inc. Trims Stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Cambridge Investment Research Advisors Inc. cut its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 434,214 shares of the company’s stock after selling 2,864 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $18,315,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPSM. Financial Engines Advisors L.L.C. lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 4.5% in the third quarter. Financial Engines Advisors L.L.C. now owns 20,617,316 shares of the company’s stock valued at $760,779,000 after buying an additional 893,257 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 52.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,501,149 shares of the company’s stock valued at $239,892,000 after acquiring an additional 2,248,179 shares during the period. Crestwood Advisors Group LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.2% in the 4th quarter. Crestwood Advisors Group LLC now owns 2,053,901 shares of the company’s stock valued at $86,634,000 after acquiring an additional 64,494 shares during the period. Pinnacle Wealth Planning Services Inc. boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.2% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 1,432,518 shares of the company’s stock worth $52,860,000 after purchasing an additional 31,298 shares during the period. Finally, Spinnaker Trust increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.4% in the 4th quarter. Spinnaker Trust now owns 613,158 shares of the company’s stock valued at $25,863,000 after purchasing an additional 14,557 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA SPSM traded up $0.36 during trading on Friday, reaching $42.36. The stock had a trading volume of 713,293 shares, compared to its average volume of 1,925,445. The business’s 50-day moving average price is $41.78 and its 200-day moving average price is $40.85. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.17 and a fifty-two week high of $43.43. The company has a market cap of $10.41 billion, a P/E ratio of 13.57 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.