Summit Global Investments Reduces Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Summit Global Investments lowered its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 63.3% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 59,529 shares of the company’s stock after selling 102,842 shares during the quarter. Summit Global Investments’ holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,876,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Johnson Financial Group Inc. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 507.0% in the first quarter. Johnson Financial Group Inc. now owns 1,560 shares of the company’s stock worth $75,000 after purchasing an additional 1,303 shares during the last quarter. Cornerstone Advisors Asset Management LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.6% during the first quarter. Cornerstone Advisors Asset Management LLC now owns 366,407 shares of the company’s stock worth $17,705,000 after purchasing an additional 16,164 shares during the period. Balefire LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 11.1% in the first quarter. Balefire LLC now owns 40,500 shares of the company’s stock valued at $1,957,000 after buying an additional 4,042 shares during the last quarter. Crescent Grove Advisors LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 0.9% in the first quarter. Crescent Grove Advisors LLC now owns 36,064 shares of the company’s stock valued at $1,743,000 after buying an additional 332 shares during the last quarter. Finally, Ranch Capital Advisors Inc. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.1% in the 1st quarter. Ranch Capital Advisors Inc. now owns 19,218 shares of the company’s stock worth $929,000 after buying an additional 397 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.6%

SPSM opened at $56.42 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $41.76 and a 12-month high of $58.06. The firm has a market capitalization of $16.95 billion, a PE ratio of 17.02 and a beta of 1.01. The firm has a 50 day moving average of $55.14 and a two-hundred day moving average of $51.91.

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.