SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Acquired by Financial Insights Inc.

Financial Insights Inc. lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 9.2% during the first quarter, Holdings Channel reports. The fund owned 251,186 shares of the company’s stock after buying an additional 21,058 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up 3.9% of Financial Insights Inc.’s holdings, making the stock its 7th largest holding. Financial Insights Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $12,137,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SPSM. LPL Financial LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the fourth 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 last quarter. Betterment LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the 4th 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 during the period. Morgan Stanley boosted its stake 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 worth $644,197,000 after buying an additional 8,375,030 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 1.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,463,327 shares of the company’s stock valued at $302,872,000 after acquiring an additional 100,394 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.1% in the first quarter. Valmark Advisers Inc. now owns 5,412,325 shares of the company’s stock valued at $261,524,000 after acquiring an additional 109,719 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 1.4%

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $56.10 on Thursday. The firm has a market cap of $16.85 billion, a PE ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $41.76 and a 12 month high of $58.06. The stock’s 50 day simple moving average is $55.71 and its two-hundred day simple moving average is $52.34.

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.