SPDR Portfolio S&P 600 Small Cap ETF $SPSM Stock Position Raised by Patriot Financial Group Insurance Agency LLC
by Mitch Edgeman · The Markets DailyPatriot Financial Group Insurance Agency LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 124.8% during the first quarter, HoldingsChannel.com reports. The fund owned 49,106 shares of the company’s stock after buying an additional 27,260 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,373,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Morgan Stanley lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 155.9% during the fourth quarter. Morgan Stanley now owns 13,747,260 shares of the company’s stock valued at $644,197,000 after purchasing an additional 8,375,030 shares during the last quarter. Raymond James Financial Inc. increased its stake 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 in the last quarter. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the 4th 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 during the period. Morningstar Investment Management LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 310.1% during the 3rd 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 during the period. Finally, Betterment LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the fourth quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock valued at $878,977,000 after buying an additional 614,934 shares in the last quarter.
SPDR Portfolio S&P 600 Small Cap ETF Stock Performance
SPSM stock opened at $57.30 on Monday. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $41.76 and a one year high of $57.38. The firm has a 50-day moving average of $53.93 and a two-hundred day moving average of $50.91. The firm has a market capitalization of $16.49 billion, a PE ratio of 17.02 and a beta of 1.02.
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.
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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).