PNC Financial Services Group Inc. Reduces Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

PNC Financial Services Group Inc. lowered its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,912,458 shares of the company’s stock after selling 19,020 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $89,618,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. First Trust Advisors LP lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after acquiring an additional 220 shares during the period. Wealthcare Capital Partners LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.4% during the 3rd quarter. Wealthcare Capital Partners LLC now owns 58,086 shares of the company’s stock valued at $2,691,000 after purchasing an additional 224 shares during the last quarter. Stephens Inc. AR increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.2% during the 4th quarter. Stephens Inc. AR now owns 11,196 shares of the company’s stock valued at $525,000 after purchasing an additional 238 shares during the last quarter. Anchor Investment Management LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.6% during the 3rd quarter. Anchor Investment Management LLC now owns 9,863 shares of the company’s stock valued at $457,000 after purchasing an additional 250 shares during the last quarter. Finally, PCA Investment Advisory Services Inc. lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.0% in the 3rd quarter. PCA Investment Advisory Services Inc. now owns 12,961 shares of the company’s stock worth $600,000 after purchasing an additional 252 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 2.0%

Shares of NYSEARCA:SPSM opened at $52.86 on Thursday. The stock has a market capitalization of $15.21 billion, a PE ratio of 17.02 and a beta of 1.04. The firm’s 50 day moving average price is $50.67 and its 200-day moving average price is $49.26. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $40.00 and a twelve month high of $54.26.

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.