Midwest Financial Network LLC Has $2.37 Million Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Midwest Financial Network LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 205.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,067 shares of the company’s stock after purchasing an additional 33,013 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF makes up about 1.9% of Midwest Financial Network LLC’s portfolio, making the stock its 17th largest holding. Midwest Financial Network LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,371,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Morgan Stanley raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 155.9% in the fourth quarter. Morgan Stanley now owns 13,747,260 shares of the company’s stock valued at $644,197,000 after buying an additional 8,375,030 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% in the second 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 period. LPL Financial LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock worth $1,264,764,000 after buying an additional 1,362,095 shares in the last quarter. Morningstar Investment Management LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 310.1% during the third quarter. Morningstar Investment Management LLC now owns 994,157 shares of the company’s stock worth $46,049,000 after buying an additional 751,719 shares in the last quarter. Finally, Betterment LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the 4th quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock worth $878,977,000 after acquiring an additional 614,934 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $56.57 on Friday. The firm has a market cap of $16.99 billion, a PE ratio of 17.02 and a beta of 1.01. The stock’s fifty day moving average price is $55.84 and its two-hundred day moving average price is $52.42. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $41.76 and a one year high of $58.06.

About SPDR Portfolio S&P 600 Small Cap ETF

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.