SPDR Portfolio S&P 600 Small Cap ETF $SPSM is Abound Financial LLC’s 3rd Largest Position

Abound Financial LLC cut its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 5.6% during the 4th quarter, HoldingsChannel reports. The firm owned 584,730 shares of the company’s stock after selling 34,959 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 6.4% of Abound Financial LLC’s investment portfolio, making the stock its 3rd biggest holding. Abound Financial LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $27,400,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the 2nd quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after buying an additional 220 shares in the last quarter. Wealthcare Capital Partners LLC lifted its position in 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 acquiring an additional 224 shares during the period. Stephens Inc. AR boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.2% during the fourth quarter. Stephens Inc. AR now owns 11,196 shares of the company’s stock worth $525,000 after acquiring an additional 238 shares in the last quarter. Anchor Investment Management LLC grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.6% in the third quarter. Anchor Investment Management LLC now owns 9,863 shares of the company’s stock worth $457,000 after purchasing an additional 250 shares during the period. Finally, Headinvest LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.9% during the fourth quarter. Headinvest LLC now owns 30,068 shares of the company’s stock valued at $1,409,000 after purchasing an additional 260 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.1%

Shares of SPSM opened at $55.95 on Tuesday. The stock has a market cap of $16.10 billion, a P/E ratio of 17.02 and a beta of 1.02. The business’s 50 day moving average price is $52.92 and its 200-day moving average price is $50.36. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $40.99 and a 52 week high of $56.61.

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.