Financial Security Advisor Inc. Has $19.44 Million Stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Financial Security Advisor Inc. lessened its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 1.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 451,747 shares of the company’s stock after selling 5,866 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 6.8% of Financial Security Advisor Inc.’s holdings, making the stock its 3rd biggest position. Financial Security Advisor Inc. owned 0.18% of SPDR Portfolio S&P 600 Small Cap ETF worth $19,443,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Exchange Capital Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 810.5% during the 1st quarter. Exchange Capital Management Inc. now owns 68,231 shares of the company’s stock valued at $2,937,000 after purchasing an additional 60,737 shares during the last quarter. Edmonds Duncan Registered Investment Advisors LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.0% during the 1st quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 93,421 shares of the company’s stock valued at $4,021,000 after buying an additional 1,873 shares in the last quarter. Vicus Capital raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 6.3% during the 1st quarter. Vicus Capital now owns 7,988 shares of the company’s stock valued at $344,000 after buying an additional 470 shares in the last quarter. Arkansas Financial Group Inc. raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.9% during the 1st quarter. Arkansas Financial Group Inc. now owns 49,328 shares of the company’s stock valued at $2,123,000 after buying an additional 2,295 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 18.1% during the 1st quarter. Harbor Investment Advisory LLC now owns 20,248 shares of the company’s stock valued at $871,000 after buying an additional 3,108 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA SPSM traded up $0.15 during mid-day trading on Tuesday, hitting $41.32. 2,137,087 shares of the company’s stock traded hands, compared to its average volume of 1,778,859. The company’s 50-day moving average is $41.83 and its two-hundred day moving average is $41.56. The company has a market capitalization of $10.15 billion, a P/E ratio of 13.57 and a beta of 1.15. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $34.17 and a 1 year high of $43.43.

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.