Focus Financial Network Inc. lessened its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 15.2% in the second quarter, HoldingsChannel.com reports. The firm owned 160,378 shares of the company’s stock after selling 28,725 shares during the quarter. Focus Financial Network Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $9,249,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the stock. Brown Lisle Cummings Inc. purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the first quarter worth about $27,000. Strive Financial Group LLC acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $28,000. Private Wealth Management Group LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the first quarter valued at about $29,000. Kingdom Financial Group LLC. purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at about $34,000. Finally, Blue Trust Inc. lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 773.2% during the 1st quarter. Blue Trust Inc. now owns 716 shares of the company’s stock valued at $35,000 after acquiring an additional 634 shares during the period.
SPDR Portfolio S&P 600 Small Cap ETF Price Performance
Shares of NYSEARCA:SPSM opened at $57.91 on Monday. The business’s 50 day simple moving average is $56.22 and its 200-day simple moving average is $52.72. The firm has a market capitalization of $17.39 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $43.12 and a 12 month high of $58.60.
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.
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Want to see what other hedge funds are holding SPSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report).
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