Founders Financial Alliance LLC Sells 66,355 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Founders Financial Alliance LLC decreased its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 72.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,245 shares of the company’s stock after selling 66,355 shares during the quarter. Founders Financial Alliance LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,169,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SPSM. Fifth Third Bancorp raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 7.7% during the third quarter. Fifth Third Bancorp now owns 319,263 shares of the company’s stock valued at $14,788,000 after purchasing an additional 22,712 shares during the last quarter. JPMorgan Chase & Co. grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 7.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 416,554 shares of the company’s stock worth $19,295,000 after purchasing an additional 28,276 shares during the period. PNC Financial Services Group Inc. raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 1.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,931,478 shares of the company’s stock valued at $89,466,000 after buying an additional 23,234 shares during the last quarter. Summit Investment Advisory Services LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the 3rd quarter. Summit Investment Advisory Services LLC now owns 15,885 shares of the company’s stock valued at $736,000 after buying an additional 797 shares during the period. Finally, HighTower Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 9.8% in the 3rd quarter. HighTower Advisors LLC now owns 1,058,698 shares of the company’s stock worth $49,039,000 after buying an additional 94,905 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPSM opened at $51.04 on Tuesday. The firm has a market capitalization of $14.54 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $52.04. The business has a fifty day moving average of $49.17 and a 200 day moving average of $47.02.

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.