Foguth Wealth Management LLC. Trims Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Foguth Wealth Management LLC. lessened its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 33.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 237,266 shares of the company’s stock after selling 120,564 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up 1.4% of Foguth Wealth Management LLC.’s portfolio, making the stock its 23rd largest holding. Foguth Wealth Management LLC. owned 0.08% of SPDR Portfolio S&P 600 Small Cap ETF worth $11,465,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at about $27,000. Brown Lisle Cummings Inc. purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the first quarter worth about $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 worth 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 worth about $29,000. Finally, Kingdom Financial Group LLC. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter valued at about $34,000.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM opened at $56.57 on Friday. The firm has a market cap of $16.99 billion, a P/E ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $41.76 and a 1-year high of $58.06. The company has a 50 day simple moving average of $55.84 and a two-hundred day simple moving average of $52.42.

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.