Midland Wealth Advisors LLC Reduces Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Midland Wealth Advisors LLC lowered its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 16.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 967,737 shares of the company’s stock after selling 194,513 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises 2.4% of Midland Wealth Advisors LLC’s portfolio, making the stock its 13th largest position. Midland Wealth Advisors LLC owned 0.35% of SPDR Portfolio S&P 600 Small Cap ETF worth $44,826,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SPSM. Financial Consulate Inc. purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at approximately $30,000. Compass Financial Services Inc raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 225.9% in the second quarter. Compass Financial Services Inc now owns 756 shares of the company’s stock valued at $32,000 after acquiring an additional 524 shares in the last quarter. Topsail Wealth Management LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter valued at $34,000. Chapman Financial Group LLC acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter worth $38,000. Finally, Realta Investment Advisors increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 173.2% in the 3rd quarter. Realta Investment Advisors now owns 1,000 shares of the company’s stock worth $46,000 after purchasing an additional 634 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $51.04 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $34.79 and a 1 year high of $52.04. The firm’s 50-day simple moving average is $49.34 and its 200-day simple moving average is $47.13. The firm has a market cap of $14.54 billion, a PE ratio of 17.02 and a beta of 1.08.

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.