SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Stake Lowered by Richardson Financial Services Inc.

Richardson Financial Services Inc. lowered its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 12.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,209 shares of the company’s stock after selling 4,610 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up approximately 0.9% of Richardson Financial Services Inc.’s holdings, making the stock its 21st largest position. Richardson Financial Services Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,338,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SPSM. EverSource Wealth Advisors LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1,294.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,040 shares of the company’s stock worth $128,000 after acquiring an additional 2,822 shares during the last quarter. Tidemark LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth about $834,000. Strategic Financial Planning Inc. increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 7.7% in the fourth quarter. Strategic Financial Planning Inc. now owns 104,024 shares of the company’s stock valued at $4,388,000 after purchasing an additional 7,428 shares during the period. Morningstar Investment Services LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 99.1% during the fourth quarter. Morningstar Investment Services LLC now owns 1,296,596 shares of the company’s stock worth $55,404,000 after buying an additional 645,355 shares during the period. Finally, Oarsman Capital Inc. grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 64.8% in the 4th quarter. Oarsman Capital Inc. now owns 188,684 shares of the company’s stock worth $7,959,000 after buying an additional 74,191 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $45.06 on Thursday. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $34.17 and a 1-year high of $46.96. The business’s fifty day moving average price is $44.11 and its two-hundred day moving average price is $42.54. The company has a market capitalization of $11.07 billion, a P/E ratio of 13.57 and a beta of 1.15.

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.