Moloney Securities Asset Management LLC Trims Position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Moloney Securities Asset Management LLC trimmed its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 4.1% in the third quarter, Holdings Channel reports. The firm owned 11,116 shares of the company’s stock after selling 481 shares during the period. Moloney Securities Asset Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $506,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. IAG Wealth Partners LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 9.8% during the 3rd quarter. IAG Wealth Partners LLC now owns 106,832 shares of the company’s stock worth $4,862,000 after purchasing an additional 9,522 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 27.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 93,696 shares of the company’s stock worth $4,264,000 after purchasing an additional 19,978 shares during the last quarter. Arlington Trust Co LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter worth about $231,000. Farther Finance Advisors LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 65.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 62,754 shares of the company’s stock worth $2,856,000 after purchasing an additional 24,856 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.2% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 7,239 shares of the company’s stock worth $329,000 after purchasing an additional 226 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 6.0 %

Shares of NYSEARCA:SPSM opened at $48.40 on Thursday. The business has a 50-day moving average price of $44.85 and a 200 day moving average price of $43.41. The company has a market capitalization of $11.89 billion, a price-to-earnings ratio of 13.57 and a beta of 1.15. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $35.32 and a 12-month high of $48.50.

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.