Lunt Capital Management Inc. Sells 18,145 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Lunt Capital Management Inc. trimmed its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 39.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,403 shares of the company’s stock after selling 18,145 shares during the period. Lunt Capital Management Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,167,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Independent Wealth Network Inc. lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.0% in the 2nd 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 raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 1.6% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 17,143 shares of the company’s stock valued at $730,000 after buying an additional 273 shares in the last quarter. SOL Capital Management CO lifted 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 worth $954,000 after buying an additional 300 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 9.3% during the 2nd quarter. TD Private Client Wealth LLC now owns 4,133 shares of the company’s stock worth $176,000 after acquiring an additional 351 shares in the last quarter. Finally, Glenview Trust co increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 8.8% during the 1st quarter. Glenview Trust co now owns 5,017 shares of the company’s stock valued at $204,000 after acquiring an additional 404 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM stock opened at $46.14 on Wednesday. The company has a market capitalization of $12.58 billion, a price-to-earnings ratio of 17.02 and a beta of 1.14. The stock’s 50 day simple moving average is $45.71 and its 200 day simple moving average is $42.75. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.79 and a twelve month high of $50.03.

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.