Brown Advisory Inc. Sells 11,004 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Brown Advisory Inc. reduced its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 9.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 104,043 shares of the company’s stock after selling 11,004 shares during the quarter. Brown Advisory Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,432,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SCS Capital Management LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 17.9% in the second quarter. SCS Capital Management LLC now owns 106,550 shares of the company’s stock valued at $4,539,000 after purchasing an additional 16,151 shares in the last quarter. GeoWealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 47.9% during the 2nd quarter. GeoWealth Management LLC now owns 20,743 shares of the company’s stock worth $884,000 after buying an additional 6,720 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the 2nd quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after acquiring an additional 220 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 27.6% in the second quarter. EverSource Wealth Advisors LLC now owns 7,681 shares of the company’s stock valued at $327,000 after acquiring an additional 1,660 shares during the last quarter. Finally, IAG Wealth Partners LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 0.9% during the second quarter. IAG Wealth Partners LLC now owns 120,909 shares of the company’s stock worth $5,151,000 after acquiring an additional 1,092 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA SPSM opened at $47.23 on Tuesday. The stock has a 50 day moving average price of $46.23 and a 200 day moving average price of $44.73. The stock has a market capitalization of $12.93 billion, a PE ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $34.79 and a 52 week high of $48.99.

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.