Brown Advisory Inc. Has $4.43 Million Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Brown Advisory Inc. cut its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 9.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,043 shares of the company’s stock after selling 11,004 shares during the period. Brown Advisory Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,432,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SPSM. SCS Capital Management LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 17.9% in the 2nd quarter. SCS Capital Management LLC now owns 106,550 shares of the company’s stock valued at $4,539,000 after purchasing an additional 16,151 shares during the last quarter. GeoWealth Management LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 47.9% in the second quarter. GeoWealth Management LLC now owns 20,743 shares of the company’s stock valued at $884,000 after buying an additional 6,720 shares during the last quarter. First Trust Advisors LP lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after buying an additional 220 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 27.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,681 shares of the company’s stock worth $327,000 after acquiring an additional 1,660 shares during the period. Finally, IAG Wealth Partners LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.9% during the 2nd quarter. IAG Wealth Partners LLC now owns 120,909 shares of the company’s stock worth $5,151,000 after acquiring an additional 1,092 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 $47.23 on Tuesday. The business has a fifty day simple moving average of $46.23 and a two-hundred day simple moving average of $44.73. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $34.79 and a 1 year high of $48.99. The company has a market capitalization of $12.93 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08.

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.