Spinnaker Trust Has $23.79 Million Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Spinnaker Trust decreased its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 4.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 492,236 shares of the company’s stock after selling 21,980 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up about 1.3% of Spinnaker Trust’s investment portfolio, making the stock its 17th largest position. Spinnaker Trust owned approximately 0.17% of SPDR Portfolio S&P 600 Small Cap ETF worth $23,785,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth $27,000. Brown Lisle Cummings Inc. acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the first quarter valued at $27,000. Strive Financial Group LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at about $28,000. Private Wealth Management Group LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the first quarter valued at about $29,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter valued at about $33,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.0%

Shares of NYSEARCA SPSM opened at $57.28 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $41.76 and a 12-month high of $57.38. The firm’s 50-day simple moving average is $54.04 and its 200 day simple moving average is $50.98. The company has a market cap of $16.49 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02.

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.