Sage Financial Management Group Inc. Cuts Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Sage Financial Management Group Inc. lowered its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 11.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,010 shares of the company’s stock after selling 9,045 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 1.0% of Sage Financial Management Group Inc.’s portfolio, making the stock its 18th largest position. Sage Financial Management Group Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,940,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of SPSM. Centennial Bank AR increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 158.1% during the first 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 purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth $43,000. Hexagon Capital Partners LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 14,066.7% during the first quarter. Hexagon Capital Partners LLC now owns 1,275 shares of the company’s stock worth $52,000 after acquiring an additional 1,266 shares during the period. Parallel Advisors LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2,931.1% during the first quarter. Parallel Advisors LLC now owns 1,364 shares of the company’s stock worth $56,000 after acquiring an additional 1,319 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 110.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,517 shares of the company’s stock worth $65,000 after purchasing an additional 796 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.5%

Shares of SPSM stock opened at $46.84 on Friday. The firm has a fifty day moving average price of $45.34 and a 200 day moving average price of $42.53. The company has a market cap of $12.84 billion, a P/E 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.