JDM Financial Group LLC Reduces Stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

JDM Financial Group LLC lowered its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 11.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,793 shares of the company’s stock after selling 886 shares during the period. JDM Financial Group LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $309,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Continuum Advisory LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 19.3% during the 3rd quarter. Continuum Advisory LLC now owns 8,126 shares of the company’s stock valued at $385,000 after buying an additional 1,312 shares in the last quarter. IHT Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.1% during the 3rd quarter. IHT Wealth Management LLC now owns 393,702 shares of the company’s stock valued at $17,908,000 after buying an additional 8,246 shares in the last quarter. Beck Capital Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at about $2,934,000. Private Trust Co. NA grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.6% during the 3rd quarter. Private Trust Co. NA now owns 49,295 shares of the company’s stock worth $2,243,000 after acquiring an additional 1,228 shares during the last quarter. Finally, 49 Wealth Management LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter worth approximately $32,132,000.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM opened at $48.37 on Tuesday. The stock’s 50 day simple moving average is $46.61 and its 200 day simple moving average is $44.45. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $39.15 and a 1 year high of $50.03. The firm has a market cap of $11.88 billion, a price-to-earnings ratio of 13.57 and a beta of 1.15.

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.