Spinnaker Trust Sells 18,671 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Spinnaker Trust cut its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 3.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 519,861 shares of the company’s stock after selling 18,671 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises approximately 1.3% of Spinnaker Trust’s holdings, making the stock its 18th largest holding. Spinnaker Trust’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $24,080,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth $51,000. PNC Financial Services Group Inc. lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 6.0% in the second quarter. PNC Financial Services Group Inc. now owns 1,908,244 shares of the company’s stock valued at $81,291,000 after buying an additional 108,624 shares in the last quarter. American Financial Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 383.4% in the third quarter. American Financial Advisors LLC now owns 39,734 shares of the company’s stock valued at $1,840,000 after buying an additional 31,514 shares during the period. Warren Street Wealth Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 11.1% during the third quarter. Warren Street Wealth Advisors LLC now owns 152,965 shares of the company’s stock worth $7,085,000 after acquiring an additional 15,314 shares during the period. Finally, Alesco Advisors LLC increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 177.8% during the 3rd quarter. Alesco Advisors LLC now owns 54,484 shares of the company’s stock worth $2,524,000 after purchasing an additional 34,874 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $51.43 on Friday. The stock’s 50-day moving average is $48.70 and its 200-day moving average is $46.67. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $51.58. The firm has a market cap of $14.65 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08.

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.