SVB Wealth LLC Sells 1,004 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

SVB Wealth LLC cut its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 5.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,216 shares of the company’s stock after selling 1,004 shares during the quarter. SVB Wealth LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $726,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SPSM. Ameriprise Financial Inc. grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 52.9% during the third quarter. Ameriprise Financial Inc. now owns 6,501,149 shares of the company’s stock worth $239,892,000 after buying an additional 2,248,179 shares in the last quarter. Crestwood Advisors Group LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 93.1% during the second quarter. Crestwood Advisors Group LLC now owns 1,998,357 shares of the company’s stock worth $77,616,000 after buying an additional 963,341 shares in the last quarter. Financial Engines Advisors L.L.C. grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.5% during the third quarter. Financial Engines Advisors L.L.C. now owns 20,617,316 shares of the company’s stock worth $760,779,000 after buying an additional 893,257 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 141.3% during the second quarter. Integrated Wealth Concepts LLC now owns 797,279 shares of the company’s stock worth $30,966,000 after buying an additional 466,801 shares in the last quarter. Finally, Financial Security Advisor Inc. bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter worth about $16,876,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA:SPSM opened at $40.19 on Friday. The stock has a 50-day simple moving average of $41.61 and a 200 day simple moving average of $39.75. The company has a market cap of $9.98 billion, a PE ratio of 12.88 and a beta of 1.20. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.17 and a 52-week high of $43.26.

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.