SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Sold by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC trimmed its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 21.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 95,194 shares of the company’s stock after selling 26,498 shares during the period. Resonant Capital Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,600,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 289.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 44,616 shares of the company’s stock valued at $2,091,000 after acquiring an additional 33,159 shares during the last quarter. South Shore Capital Advisors purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at approximately $1,271,000. Montz Harcus Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.7% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 236,303 shares of the company’s stock worth $11,073,000 after acquiring an additional 12,813 shares during the last quarter. Patriot Investment Management Group Inc. boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.7% in the fourth quarter. Patriot Investment Management Group Inc. now owns 790,099 shares of the company’s stock worth $37,024,000 after acquiring an additional 20,560 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.4% during the fourth quarter. Fifth Third Bancorp now owns 333,329 shares of the company’s stock worth $15,620,000 after purchasing an additional 14,066 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA SPSM traded down $0.47 during mid-day trading on Tuesday, hitting $56.61. The stock had a trading volume of 770,595 shares, compared to its average volume of 2,273,737. The firm’s 50 day moving average is $54.49 and its 200 day moving average is $51.29. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $41.76 and a twelve month high of $58.06. The stock has a market capitalization of $16.62 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01.

About SPDR Portfolio S&P 600 Small Cap ETF

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.