Signal Advisors Wealth LLC Reduces Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Signal Advisors Wealth LLC reduced its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 11.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 84,229 shares of the company’s stock after selling 11,328 shares during the quarter. Signal Advisors Wealth LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,070,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SPSM. LPL Financial LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the fourth quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock worth $1,264,764,000 after acquiring an additional 1,362,095 shares during the period. Betterment LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the 4th quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock valued at $878,977,000 after purchasing an additional 614,934 shares during the period. Morgan Stanley increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 155.9% during the 4th quarter. Morgan Stanley now owns 13,747,260 shares of the company’s stock valued at $644,197,000 after purchasing an additional 8,375,030 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 1.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,463,327 shares of the company’s stock worth $302,872,000 after purchasing an additional 100,394 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 6.1% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,480,713 shares of the company’s stock worth $163,106,000 after purchasing an additional 199,522 shares in the last quarter.

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

NYSEARCA:SPSM opened at $55.71 on Tuesday. The company has a 50-day moving average price of $53.51 and a 200-day moving average price of $50.66. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $40.99 and a 12 month high of $56.60. The stock has a market cap of $16.03 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02.

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.