SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Sold by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC lessened its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 16.7% in the third quarter, HoldingsChannel.com reports. The firm owned 967,737 shares of the company’s stock after selling 194,513 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 2.4% of Midland Wealth Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Midland Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $44,826,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Betterment LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 9.2% during the second quarter. Betterment LLC now owns 17,616,693 shares of the company’s stock worth $750,471,000 after purchasing an additional 1,485,197 shares during the period. Raymond James Financial Inc. grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after buying an additional 1,470,388 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the third quarter worth about $65,460,000. Envestnet Portfolio Solutions Inc. lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 121.1% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 1,254,850 shares of the company’s stock worth $58,125,000 after acquiring an additional 687,258 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 19.0% in the third quarter. Envestnet Asset Management Inc. now owns 3,882,503 shares of the company’s stock valued at $179,838,000 after acquiring an additional 620,942 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.2%

NYSEARCA:SPSM opened at $51.04 on Friday. The stock has a 50 day moving average of $49.34 and a 200-day moving average of $47.13. The firm has a market capitalization of $14.54 billion, a PE ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $34.79 and a 52 week high of $52.04.

SPDR Portfolio S&P 600 Small Cap ETF 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.