Leicht Financial Planning & Wealth Management Inc. cut its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 3.4% during the third quarter, HoldingsChannel.com reports. The firm owned 303,500 shares of the company’s stock after selling 10,783 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for 6.6% of Leicht Financial Planning & Wealth Management Inc.’s portfolio, making the stock its 5th biggest position. Leicht Financial Planning & Wealth Management Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $16,043,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at $54,455,000. RKL Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter worth $34,823,000. TSG Advice Partners LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter worth $34,748,000. AlphaStar Capital Management LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter worth $30,581,000. Finally, Avior Wealth Management LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter worth $29,642,000.
SPDR Portfolio S&P 600 Small Cap ETF Price Performance
Shares of SPSM stock opened at $53.49 on Friday. The stock’s fifty day moving average price is $54.28 and its 200 day moving average price is $53.45. 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 company has a market cap of $15.72 billion, a price-to-earnings ratio of 17.02 and a beta of 1.04.
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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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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