Focus Financial Network Inc. Sells 37,562 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Focus Financial Network Inc. reduced its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 23.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 122,816 shares of the company’s stock after selling 37,562 shares during the period. Focus Financial Network Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $6,492,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Valmark Advisers Inc. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.1% in the first quarter. Valmark Advisers Inc. now owns 5,412,325 shares of the company’s stock valued at $261,524,000 after purchasing an additional 109,719 shares during the last quarter. Bank of America Corp DE boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.3% during the first quarter. Bank of America Corp DE now owns 3,927,202 shares of the company’s stock worth $189,762,000 after buying an additional 86,868 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 1.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,776,135 shares of the company’s stock worth $102,430,000 after buying an additional 19,008 shares during the last quarter. Cetera Investment Advisers grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.8% during the 1st quarter. Cetera Investment Advisers now owns 1,402,122 shares of the company’s stock worth $67,751,000 after buying an additional 63,809 shares during the period. Finally, One Day In July LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 8.5% during the 1st quarter. One Day In July LLC now owns 737,202 shares of the company’s stock worth $35,622,000 after buying an additional 58,028 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPSM stock opened at $53.49 on Wednesday. The stock has a market cap of $15.72 billion, a PE ratio of 17.02 and a beta of 1.03. The stock has a 50-day moving average of $55.57 and a 200-day moving average of $54.58. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $43.66 and a one year high of $58.60.

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.