Pinnacle Wealth Planning Services Inc. trimmed its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 2.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,873,855 shares of the company’s stock after selling 46,851 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for 9.7% of Pinnacle Wealth Planning Services Inc.’s portfolio, making the stock its biggest holding. Pinnacle Wealth Planning Services Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $99,052,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently modified their holdings of SPSM. Valmark Advisers Inc. increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.1% during the first quarter. Valmark Advisers Inc. now owns 5,412,325 shares of the company’s stock valued at $261,524,000 after acquiring an additional 109,719 shares in the last quarter. Bank of America Corp DE raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.3% in the 1st quarter. Bank of America Corp DE now owns 3,927,202 shares of the company’s stock worth $189,762,000 after purchasing an additional 86,868 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.1% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,776,135 shares of the company’s stock worth $102,430,000 after purchasing an additional 19,008 shares during the last quarter. Cetera Investment Advisers boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 4.8% in the 1st quarter. Cetera Investment Advisers now owns 1,402,122 shares of the company’s stock worth $67,751,000 after purchasing an additional 63,809 shares in the last quarter. Finally, Patriot Investment Management Group Inc. boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 0.6% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 838,842 shares of the company’s stock worth $44,341,000 after purchasing an additional 4,848 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 $54.33 on Thursday. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $43.66 and a 1 year high of $58.60. The firm’s 50-day moving average is $54.64 and its 200 day moving average is $53.28. The stock has a market cap of $15.98 billion, a price-to-earnings ratio of 17.02 and a beta of 1.03.
SPDR Portfolio S&P 600 Small Cap ETF 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.
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