Avantax Advisory Services Inc. Sells 6,132 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Avantax Advisory Services Inc. lowered its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 4.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,538 shares of the company’s stock after selling 6,132 shares during the period. Avantax Advisory Services Inc. owned 0.05% of SPDR Portfolio S&P 600 Small Cap ETF worth $5,731,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SPSM. Strategic Financial Concepts LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 288.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 573,588 shares of the company’s stock valued at $24,435,000 after acquiring an additional 425,984 shares in the last quarter. Valmark Advisers Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 7.1% in the second quarter. Valmark Advisers Inc. now owns 6,263,369 shares of the company’s stock valued at $266,820,000 after purchasing an additional 415,695 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 41.2% during the second quarter. Cetera Investment Advisers now owns 1,092,438 shares of the company’s stock valued at $46,538,000 after purchasing an additional 318,732 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 18.0% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,629,859 shares of the company’s stock valued at $69,432,000 after purchasing an additional 249,130 shares in the last quarter. Finally, Mason Street Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 27.6% during the second quarter. Mason Street Advisors LLC now owns 1,088,800 shares of the company’s stock worth $46,383,000 after purchasing an additional 235,300 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $44.53 on Wednesday. The business has a 50 day moving average of $46.19 and a 200-day moving average of $44.21. The company has a market capitalization of $12.19 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $34.79 and a 1 year 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.