Fifth Third Wealth Advisors LLC Trims Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Fifth Third Wealth Advisors LLC trimmed its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 11.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 38,042 shares of the company’s stock after selling 5,013 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,621,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 9.3% in the second quarter. TD Private Client Wealth LLC now owns 4,133 shares of the company’s stock worth $176,000 after purchasing an additional 351 shares during the period. Caitlin John LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the second quarter worth $306,000. Cliftonlarsonallen Wealth Advisors LLC grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 5.4% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,167,590 shares of the company’s stock worth $134,939,000 after purchasing an additional 163,590 shares during the period. 626 Financial LLC grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 26.9% in the second quarter. 626 Financial LLC now owns 109,777 shares of the company’s stock worth $4,677,000 after purchasing an additional 23,251 shares during the period. Finally, IAG Wealth Partners LLC grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 12.6% in the first quarter. IAG Wealth Partners LLC now owns 119,817 shares of the company’s stock worth $4,884,000 after purchasing an additional 13,405 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 3.1%

Shares of SPSM stock opened at $44.53 on Friday. The stock has a market cap of $12.13 billion, a price-to-earnings ratio of 17.02 and a beta of 1.14. The business’s fifty day moving average is $45.60 and its 200 day moving average is $42.68. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.79 and a twelve month high of $50.03.

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.