IFP Advisors Inc Lowers Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

IFP Advisors Inc reduced its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 15.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 40,549 shares of the company’s stock after selling 7,648 shares during the period. IFP Advisors Inc’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,728,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPSM. Centennial Bank AR grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 158.1% in the 1st quarter. Centennial Bank AR now owns 973 shares of the company’s stock worth $40,000 after acquiring an additional 596 shares during the period. Retirement Wealth Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at $43,000. Hexagon Capital Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 14,066.7% in the 1st quarter. Hexagon Capital Partners LLC now owns 1,275 shares of the company’s stock valued at $52,000 after purchasing an additional 1,266 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 110.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,517 shares of the company’s stock valued at $65,000 after purchasing an additional 796 shares during the last quarter. Finally, Park Place Capital Corp acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at $89,000.

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

Shares of SPSM opened at $44.53 on Friday. The firm has a market cap of $12.13 billion, a PE 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 $42.68. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.79 and a fifty-two week high of $50.03.

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.