Paladin Advisory Group LLC Sells 6,846 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Paladin Advisory Group LLC cut its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 70.3% in the second quarter, HoldingsChannel.com reports. The firm owned 2,895 shares of the company’s stock after selling 6,846 shares during the period. Paladin Advisory Group LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $123,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.4% in the second quarter. Golden State Wealth Management LLC now owns 62,193 shares of the company’s stock worth $2,649,000 after purchasing an additional 1,435 shares in the last quarter. Horan Securities Inc. acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at about $1,063,000. DDFG Inc increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.2% during the second quarter. DDFG Inc now owns 73,293 shares of the company’s stock valued at $3,122,000 after acquiring an additional 2,953 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at about $51,000. Finally, Columbia River Financial Group LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 9.1% during the second quarter. Columbia River Financial Group LLC now owns 17,004 shares of the company’s stock valued at $731,000 after acquiring an additional 1,416 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 1.7%

SPSM opened at $46.22 on Thursday. The firm’s 50-day moving average price is $46.25 and its 200-day moving average price is $43.73. The company has a market cap of $12.65 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.79 and a 52-week 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.