NewEdge Advisors LLC Sells 144,061 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

NewEdge Advisors LLC decreased its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 62.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 85,604 shares of the company’s stock after selling 144,061 shares during the period. NewEdge Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,136,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. LPL Financial LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the 4th quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock worth $1,264,764,000 after purchasing an additional 1,362,095 shares during the period. Betterment LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the fourth quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock worth $878,977,000 after purchasing an additional 614,934 shares during the last quarter. Morgan Stanley boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 155.9% during the fourth quarter. Morgan Stanley now owns 13,747,260 shares of the company’s stock valued at $644,197,000 after buying an additional 8,375,030 shares during the period. Charles Schwab Investment Management Inc. boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 1.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,463,327 shares of the company’s stock valued at $302,872,000 after buying an additional 100,394 shares during the period. Finally, Valmark Advisers Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.1% during the first quarter. Valmark Advisers Inc. now owns 5,412,325 shares of the company’s stock valued at $261,524,000 after buying an additional 109,719 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.8%

SPSM opened at $56.57 on Friday. The company has a market cap of $16.99 billion, a P/E ratio of 17.02 and a beta of 1.01. The business’s 50-day moving average price is $55.78 and its 200-day moving average price is $52.39. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $41.76 and a 12 month high of $58.06.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.