Whitegate Investment Counselors Inc. Reduces Holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Whitegate Investment Counselors Inc. reduced its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 9.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,393 shares of the company’s stock after selling 1,533 shares during the period. Whitegate Investment Counselors Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $607,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SPSM. Financial Engines Advisors L.L.C. boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 4.5% in 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 purchasing an additional 893,257 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 52.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,501,149 shares of the company’s stock valued at $239,892,000 after buying an additional 2,248,179 shares during the last quarter. Crestwood Advisors Group LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.2% in the fourth quarter. Crestwood Advisors Group LLC now owns 2,053,901 shares of the company’s stock worth $86,634,000 after buying an additional 64,494 shares during the last quarter. Pinnacle Wealth Planning Services Inc. raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.2% in 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 acquiring an additional 31,298 shares in the last quarter. Finally, Spinnaker Trust boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.4% during the 4th quarter. Spinnaker Trust now owns 613,158 shares of the company’s stock valued at $25,863,000 after acquiring an additional 14,557 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.9 %

SPSM stock traded up $0.37 during mid-day trading on Friday, hitting $41.73. 994,786 shares of the company were exchanged, compared to its average volume of 2,087,750. The firm has a fifty day simple moving average of $41.52 and a 200 day simple moving average of $40.12. The company has a market capitalization of $10.23 billion, a PE ratio of 13.01 and a beta of 1.18. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.17 and a twelve month high of $43.26.

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.