SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC reduced its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 0.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 74,290 shares of the company’s stock after selling 579 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $3,165,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Independent Wealth Network Inc. grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.0% in the second quarter. Independent Wealth Network Inc. now owns 8,561 shares of the company’s stock valued at $365,000 after purchasing an additional 248 shares during the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.6% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 17,143 shares of the company’s stock valued at $730,000 after purchasing an additional 273 shares during the last quarter. SOL Capital Management CO grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.3% in the first quarter. SOL Capital Management CO now owns 23,394 shares of the company’s stock valued at $954,000 after purchasing an additional 300 shares during the last quarter. TD Private Client Wealth LLC grew its position in shares of 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 valued at $176,000 after purchasing an additional 351 shares during the last quarter. Finally, Glenview Trust co grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 8.8% in the first quarter. Glenview Trust co now owns 5,017 shares of the company’s stock valued at $204,000 after purchasing an additional 404 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM stock opened at $46.49 on Thursday. The company’s 50 day simple moving average is $45.78 and its 200-day simple moving average is $42.77. The firm has a market capitalization of $12.67 billion, a PE ratio of 17.02 and a beta of 1.14. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $34.79 and a 12 month high of $50.03.

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.