RFG Advisory LLC Cuts Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

RFG Advisory LLC lowered its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 7.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 114,784 shares of the company’s stock after selling 9,373 shares during the quarter. RFG Advisory LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,890,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Axxcess Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 84.7% during the second quarter. Axxcess Wealth Management LLC now owns 53,477 shares of the company’s stock worth $2,278,000 after acquiring an additional 24,518 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 567,592 shares of the company’s stock worth $24,179,000 after acquiring an additional 25,901 shares during the period. Astoria Portfolio Advisors LLC. purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth $303,000. McNamara Financial Services Inc. increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.5% during the second quarter. McNamara Financial Services Inc. now owns 446,464 shares of the company’s stock worth $19,019,000 after acquiring an additional 2,389 shares during the period. Finally, Concurrent Investment Advisors LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 23.4% during the second quarter. Concurrent Investment Advisors LLC now owns 13,743 shares of the company’s stock worth $585,000 after acquiring an additional 2,607 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 2.0%

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $45.42 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.79 and a twelve month high of $50.03. The stock’s fifty day simple moving average is $45.65 and its 200-day simple moving average is $42.72. The firm has a market capitalization of $12.38 billion, a P/E ratio of 17.02 and a beta of 1.14.

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.