ICA Group Wealth Management LLC Decreases Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

ICA Group Wealth Management LLC cut its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 96.7% in the second quarter, Holdings Channel.com reports. The firm owned 1,643 shares of the company’s stock after selling 47,670 shares during the quarter. ICA Group Wealth Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $68,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1,294.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,040 shares of the company’s stock valued at $128,000 after acquiring an additional 2,822 shares during the last quarter. Tidemark LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at approximately $834,000. Strategic Financial Planning Inc. increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 7.7% during the 4th quarter. Strategic Financial Planning Inc. now owns 104,024 shares of the company’s stock worth $4,388,000 after buying an additional 7,428 shares during the last quarter. Morningstar Investment Services LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 99.1% during the 4th quarter. Morningstar Investment Services LLC now owns 1,296,596 shares of the company’s stock worth $55,404,000 after buying an additional 645,355 shares during the last quarter. Finally, Oarsman Capital Inc. raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 64.8% during the 4th quarter. Oarsman Capital Inc. now owns 188,684 shares of the company’s stock valued at $7,959,000 after buying an additional 74,191 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 2.6 %

SPSM stock opened at $44.47 on Monday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.17 and a 52-week high of $46.96. The stock has a market cap of $10.92 billion, a price-to-earnings ratio of 13.57 and a beta of 1.15. The business has a fifty day moving average of $43.89 and a two-hundred day moving average of $42.48.

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.