DAVENPORT & Co LLC Has $36.81 Million Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

DAVENPORT & Co LLC boosted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 6.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 785,590 shares of the company’s stock after acquiring an additional 48,810 shares during the period. DAVENPORT & Co LLC owned approximately 0.28% of SPDR Portfolio S&P 600 Small Cap ETF worth $36,813,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Betterment LLC raised 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 purchasing an additional 1,485,197 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after purchasing an additional 1,470,388 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at approximately $65,460,000. Morningstar Investment Management LLC increased its stake 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 purchasing an additional 751,719 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake 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 purchasing an additional 687,258 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM stock opened at $48.13 on Wednesday. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $34.79 and a 52 week high of $52.04. The company’s 50 day moving average price is $49.85 and its two-hundred day moving average price is $47.85. The company has a market capitalization of $13.71 billion, a P/E ratio of 17.02 and a beta of 1.08.

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.