Creative Financial Designs Inc. ADV Trims Stock Position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Creative Financial Designs Inc. ADV cut its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 43.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,058 shares of the company’s stock after selling 3,181 shares during the period. Creative Financial Designs Inc. ADV’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $182,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Crestwood Advisors Group LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.7% during the 4th quarter. Crestwood Advisors Group LLC now owns 2,199,309 shares of the company’s stock worth $98,793,000 after buying an additional 15,871 shares in the last quarter. Spinnaker Trust raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 7.1% during the 4th quarter. Spinnaker Trust now owns 834,656 shares of the company’s stock worth $37,493,000 after buying an additional 55,249 shares in the last quarter. 49 Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter worth approximately $32,132,000. Hughes Financial Services LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth approximately $27,460,000. Finally, Crews Bank & Trust purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth approximately $27,110,000.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 1.4 %

Shares of SPSM stock opened at $41.72 on Thursday. The company has a market cap of $11.29 billion, a price-to-earnings ratio of 15.88 and a beta of 1.15. The stock has a 50 day simple moving average of $44.46 and a 200-day simple moving average of $45.44. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $39.65 and a 12-month high of $50.03.

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.