Kensington Asset Management LLC Purchases New Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Kensington Asset Management LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the 4th quarter, Holdings Channel reports. The fund purchased 245,342 shares of the company’s stock, valued at approximately $11,639,000. SPDR Portfolio S&P 600 Small Cap ETF makes up 0.6% of Kensington Asset Management LLC’s holdings, making the stock its 20th largest position.

Several other large investors have also recently bought and sold shares of SPSM. First Trust Advisors LP raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after buying an additional 220 shares during the period. Cerity Partners LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 19.3% during the second quarter. Cerity Partners LLC now owns 118,719 shares of the company’s stock valued at $5,057,000 after buying an additional 19,182 shares during the period. NewEdge Advisors LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 25.2% during the second quarter. NewEdge Advisors LLC now owns 172,246 shares of the company’s stock valued at $7,338,000 after buying an additional 34,642 shares during the period. Glenview Trust co raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 13.7% during the second quarter. Glenview Trust co now owns 5,705 shares of the company’s stock valued at $243,000 after buying an additional 688 shares during the period. Finally, Raymond James Financial Inc. increased 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 worth $111,383,000 after purchasing an additional 1,470,388 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPSM stock opened at $55.91 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $40.99 and a fifty-two week high of $56.28. The stock’s 50-day moving average is $52.78 and its two-hundred day moving average is $50.26. The firm has a market cap of $16.09 billion, a P/E ratio of 17.02 and a beta of 1.02.

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.