BIP Wealth LLC Sells 1,430 Shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

BIP Wealth LLC reduced its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 4.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,985 shares of the company’s stock after selling 1,430 shares during the period. BIP Wealth LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,223,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Financial Engines Advisors L.L.C. boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 4.5% during the third quarter. Financial Engines Advisors L.L.C. now owns 20,617,316 shares of the company’s stock valued at $760,779,000 after buying an additional 893,257 shares during the period. Ameriprise Financial Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 52.9% during the third quarter. Ameriprise Financial Inc. now owns 6,501,149 shares of the company’s stock valued at $239,892,000 after purchasing an additional 2,248,179 shares in the last quarter. Crestwood Advisors Group LLC raised its position in 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 valued at $86,634,000 after purchasing an additional 64,494 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.2% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,432,518 shares of the company’s stock valued at $52,860,000 after purchasing an additional 31,298 shares in the last quarter. Finally, Spinnaker Trust raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.3% during the third quarter. Spinnaker Trust now owns 598,601 shares of the company’s stock valued at $22,088,000 after purchasing an additional 13,502 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA SPSM traded down $0.14 during trading hours on Wednesday, reaching $41.14. 2,321,869 shares of the stock traded hands, compared to its average volume of 2,147,096. The stock has a 50 day simple moving average of $41.59 and a two-hundred day simple moving average of $39.89. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $34.17 and a 1 year high of $43.26. The company has a market cap of $10.21 billion, a price-to-earnings ratio of 12.88 and a beta of 1.20.

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.