Grimes & Company Inc. Has $3.03 Million Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Grimes & Company Inc. cut its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 7.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,061 shares of the company’s stock after selling 5,320 shares during the quarter. Grimes & Company Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $3,027,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Financial Gravity Asset Management Inc. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the first quarter worth $14,103,000. Wealthcare Advisory Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 18.0% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,629,859 shares of the company’s stock valued at $69,432,000 after acquiring an additional 249,130 shares in the last quarter. Surience Private Wealth LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter worth $9,995,000. Dakota Wealth Management increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 25.3% in the 2nd quarter. Dakota Wealth Management now owns 1,118,045 shares of the company’s stock worth $47,629,000 after purchasing an additional 225,972 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.4% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,167,590 shares of the company’s stock valued at $134,939,000 after purchasing an additional 163,590 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.3%

Shares of SPSM stock opened at $46.70 on Tuesday. The business’s 50-day moving average price is $45.39 and its 200-day moving average price is $42.58. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $34.79 and a 12 month high of $50.03. The firm has a market capitalization of $12.81 billion, a price-to-earnings ratio of 17.02 and a beta of 1.14.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.