JNBA Financial Advisors Lowers Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

JNBA Financial Advisors trimmed its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 11.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 340,424 shares of the company’s stock after selling 43,670 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 1.4% of JNBA Financial Advisors’ portfolio, making the stock its 18th largest holding. JNBA Financial Advisors’ holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $14,502,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Centennial Bank AR increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 158.1% during the 1st quarter. Centennial Bank AR now owns 973 shares of the company’s stock worth $40,000 after purchasing an additional 596 shares during the period. Retirement Wealth Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at approximately $43,000. Hexagon Capital Partners LLC grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 14,066.7% during the first quarter. Hexagon Capital Partners LLC now owns 1,275 shares of the company’s stock worth $52,000 after acquiring an additional 1,266 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 110.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,517 shares of the company’s stock worth $65,000 after acquiring an additional 796 shares in the last quarter. Finally, Park Place Capital Corp acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at $89,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA SPSM opened at $44.53 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $50.03. The firm has a market capitalization of $12.13 billion, a P/E ratio of 17.02 and a beta of 1.14. The company’s fifty day moving average is $45.60 and its two-hundred day moving average is $42.67.

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.