SPDR Portfolio S&P 600 Small Cap ETF $SPSM Position Trimmed by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC lowered its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 28.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 85,064 shares of the company’s stock after selling 34,401 shares during the period. Perennial Investment Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $3,940,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of SPSM. Financial Consulate Inc. acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter worth $30,000. Compass Financial Services Inc lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 225.9% during the second quarter. Compass Financial Services Inc now owns 756 shares of the company’s stock valued at $32,000 after buying an additional 524 shares in the last quarter. Clearstead Trust LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 230.4% in the third quarter. Clearstead Trust LLC now owns 793 shares of the company’s stock worth $37,000 after buying an additional 553 shares during the period. Chapman Financial Group LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter worth about $38,000. Finally, Realta Investment Advisors increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 173.2% in the third quarter. Realta Investment Advisors now owns 1,000 shares of the company’s stock worth $46,000 after acquiring an additional 634 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM stock opened at $49.74 on Friday. The firm has a market capitalization of $14.17 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.79 and a 52-week high of $52.04. The company’s 50 day simple moving average is $49.87 and its 200-day simple moving average is $47.61.

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.