Valmark Advisers Inc. Has $246.23 Million Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Valmark Advisers Inc. lessened its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 15.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,315,886 shares of the company’s stock after selling 947,483 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 3.2% of Valmark Advisers Inc.’s portfolio, making the stock its 8th largest holding. Valmark Advisers Inc. owned about 1.95% of SPDR Portfolio S&P 600 Small Cap ETF worth $246,232,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPSM. Joseph Group Capital Management lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1,089.0% in the 3rd quarter. Joseph Group Capital Management now owns 2,699 shares of the company’s stock worth $125,000 after acquiring an additional 2,472 shares during the last quarter. Sage Financial Management Group Inc. increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.6% in the third quarter. Sage Financial Management Group Inc. now owns 69,435 shares of the company’s stock worth $3,216,000 after buying an additional 425 shares during the period. Steigerwald Gordon & Koch Inc. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at about $126,000. Kingswood Wealth Advisors LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 6.9% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 38,381 shares of the company’s stock valued at $1,778,000 after acquiring an additional 2,490 shares during the period. Finally, Landmark Wealth Management Inc. grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 87.6% during the 3rd quarter. Landmark Wealth Management Inc. now owns 154,475 shares of the company’s stock worth $7,155,000 after acquiring an additional 72,131 shares during 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 $49.26 on Friday. The stock has a market capitalization of $13.84 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $49.33. The business’s 50 day simple moving average is $47.03 and its two-hundred day simple moving average is $45.76.

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.