Richmond Investment Services LLC Lowers Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Richmond Investment Services LLC trimmed its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 4.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 214,545 shares of the company’s stock after selling 9,576 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises 1.7% of Richmond Investment Services LLC’s holdings, making the stock its 15th largest position. Richmond Investment Services LLC owned approximately 0.07% of SPDR Portfolio S&P 600 Small Cap ETF worth $10,367,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Morgan Stanley boosted its position in SPDR Portfolio S&P 600 Small Cap ETF by 155.9% in the 4th quarter. Morgan Stanley now owns 13,747,260 shares of the company’s stock worth $644,197,000 after purchasing an additional 8,375,030 shares in the last quarter. Raymond James Financial Inc. increased 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. LPL Financial LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the 4th quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock valued at $1,264,764,000 after purchasing an additional 1,362,095 shares during the period. Morningstar Investment Management LLC lifted its stake in shares of 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 purchasing an additional 751,719 shares during the period. Finally, Betterment LLC boosted its holdings 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 worth $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 opened at $56.55 on Wednesday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $41.76 and a fifty-two week high of $58.06. The company has a fifty day moving average of $54.56 and a two-hundred day moving average of $51.36. The stock has a market capitalization of $16.60 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01.

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.