Eldridge Investment Advisors Inc. Reduces Stock Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Eldridge Investment Advisors Inc. cut its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 37.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,203 shares of the company’s stock after selling 13,317 shares during the period. Eldridge Investment Advisors Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,040,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in SPSM. First Trust Advisors LP increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after buying an additional 220 shares in the last quarter. Cerity Partners LLC increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 19.3% in the second quarter. Cerity Partners LLC now owns 118,719 shares of the company’s stock valued at $5,057,000 after buying an additional 19,182 shares in the last quarter. NewEdge Advisors LLC increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 25.2% in the second quarter. NewEdge Advisors LLC now owns 172,246 shares of the company’s stock valued at $7,338,000 after buying an additional 34,642 shares in the last quarter. Glenview Trust co increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 13.7% in the second quarter. Glenview Trust co now owns 5,705 shares of the company’s stock valued at $243,000 after buying an additional 688 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 128.5% in the second quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after buying an additional 1,470,388 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.7%

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $53.93 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $40.99 and a 12-month high of $54.66. The stock has a market cap of $15.52 billion, a PE ratio of 17.02 and a beta of 1.02. The company has a 50-day moving average of $52.21 and a two-hundred day moving average of $50.00.

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.