UNIVEST FINANCIAL Corp Purchases New Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

UNIVEST FINANCIAL Corp purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the 3rd quarter, HoldingsChannel reports. The fund purchased 11,716 shares of the company’s stock, valued at approximately $619,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.3% during the 1st quarter. Bank of America Corp DE now owns 3,927,202 shares of the company’s stock worth $189,762,000 after purchasing an additional 86,868 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.1% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,776,135 shares of the company’s stock valued at $102,430,000 after purchasing an additional 19,008 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.8% in the first quarter. Cetera Investment Advisers now owns 1,402,122 shares of the company’s stock worth $67,751,000 after buying an additional 63,809 shares during the period. Commonwealth Equity Services LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the third quarter worth $54,455,000. Finally, One Day In July LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 4.5% in the third quarter. One Day In July LLC now owns 840,472 shares of the company’s stock worth $44,427,000 after buying an additional 35,978 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 1.2%

Shares of SPSM stock opened at $54.67 on Friday. The company has a market capitalization of $16.00 billion, a price-to-earnings ratio of 16.34 and a beta of 1.04. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $43.66 and a 1-year high of $58.60. The stock’s fifty day simple moving average is $54.19 and its 200-day simple moving average is $53.54.

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.