SVB Wealth LLC Has $373,000 Holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

SVB Wealth LLC lessened its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 49.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,669 shares of the company’s stock after selling 8,547 shares during the quarter. SVB Wealth LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $373,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SPSM. Crestwood Advisors Group LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.2% during the fourth quarter. Crestwood Advisors Group LLC now owns 2,053,901 shares of the company’s stock worth $86,634,000 after acquiring an additional 64,494 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.1% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 1,412,059 shares of the company’s stock worth $60,775,000 after purchasing an additional 41,968 shares in the last quarter. Morningstar Investment Services LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 99.1% during the 4th quarter. Morningstar Investment Services LLC now owns 1,296,596 shares of the company’s stock valued at $55,404,000 after buying an additional 645,355 shares during the last quarter. Spinnaker Trust grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.4% in the 4th quarter. Spinnaker Trust now owns 613,158 shares of the company’s stock valued at $25,863,000 after buying an additional 14,557 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 441,016 shares of the company’s stock valued at $18,981,000 after buying an additional 6,802 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM traded up $0.24 during midday trading on Tuesday, hitting $45.71. 435,714 shares of the company’s stock traded hands, compared to its average volume of 1,783,728. The company has a market cap of $11.23 billion, a PE ratio of 13.57 and a beta of 1.15. The stock’s fifty day simple moving average is $42.42 and its 200-day simple moving average is $41.82. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.17 and a one year high of $46.05.

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.