SPDR Portfolio S&P 600 Small Cap ETF $SPSM Stock Position Reduced by Lido Advisors LLC

Lido Advisors LLC decreased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 23.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 366,585 shares of the company’s stock after selling 109,543 shares during the quarter. Lido Advisors LLC owned approximately 0.13% of SPDR Portfolio S&P 600 Small Cap ETF worth $17,716,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Cetera Investment Advisers lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.8% in the 1st quarter. Cetera Investment Advisers now owns 1,402,122 shares of the company’s stock valued at $67,751,000 after purchasing an additional 63,809 shares during the last quarter. Signature Equity Partners LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the first quarter worth $78,000. NewEdge Wealth LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 129.1% during the first quarter. NewEdge Wealth LLC now owns 11,394 shares of the company’s stock worth $551,000 after buying an additional 6,420 shares during the last quarter. Wiregrass Investment Management LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 6.5% during the first quarter. Wiregrass Investment Management LLC now owns 17,372 shares of the company’s stock worth $839,000 after buying an additional 1,062 shares during the last quarter. Finally, Alesco Advisors LLC An ESL Co raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 22.7% during the first quarter. Alesco Advisors LLC An ESL Co now owns 93,408 shares of the company’s stock valued at $4,513,000 after buying an additional 17,279 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA SPSM opened at $56.32 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $41.76 and a fifty-two week high of $58.06. The stock’s 50-day moving average is $55.37 and its two-hundred day moving average is $52.11. 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 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.