DAVENPORT & Co LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 6.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 785,590 shares of the company’s stock after purchasing an additional 48,810 shares during the period. DAVENPORT & Co LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $36,813,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of SPSM. Betterment LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 9.2% during the second quarter. Betterment LLC now owns 17,616,693 shares of the company’s stock worth $750,471,000 after buying an additional 1,485,197 shares during the period. Raymond James Financial Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 128.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after buying an additional 1,470,388 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at approximately $65,460,000. Morningstar Investment Management LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 310.1% in the 3rd quarter. Morningstar Investment Management LLC now owns 994,157 shares of the company’s stock valued at $46,049,000 after acquiring an additional 751,719 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 121.1% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 1,254,850 shares of the company’s stock worth $58,125,000 after acquiring an additional 687,258 shares during the last quarter.
SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.7%
Shares of SPSM opened at $48.13 on Wednesday. The stock has a market capitalization of $13.71 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.79 and a twelve month high of $52.04. The company has a 50 day moving average of $49.85 and a 200-day moving average of $47.85.
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.
Further Reading
Want to see what other hedge funds are holding SPSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report).
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