SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Shares Sold by RiverFront Investment Group LLC

RiverFront Investment Group LLC trimmed its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 41.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,285 shares of the company’s stock after selling 15,563 shares during the period. RiverFront Investment Group LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,001,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Hughes Financial Services LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at about $27,460,000. Crews Bank & Trust acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at approximately $27,110,000. Abound Financial LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth $23,934,000. JPMorgan Chase & Co. lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 21.0% during the fourth quarter. JPMorgan Chase & Co. now owns 1,565,420 shares of the company’s stock worth $70,319,000 after purchasing an additional 271,167 shares in the last quarter. Finally, Financial Management Professionals Inc. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at $5,391,000.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $40.60 on Friday. The firm’s fifty day moving average price is $43.95 and its 200 day moving average price is $45.32. The company has a market capitalization of $10.99 billion, a price-to-earnings ratio of 15.88 and a beta of 1.15. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $39.65 and a 12-month high of $50.03.

SPDR Portfolio S&P 600 Small Cap ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued a dividend of $0.1548 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.