PNC Financial Services Group Inc. Boosts Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

PNC Financial Services Group Inc. raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 6.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,908,244 shares of the company’s stock after acquiring an additional 108,624 shares during the period. PNC Financial Services Group Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $81,291,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Valmark Advisers Inc. increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 7.1% in the second quarter. Valmark Advisers Inc. now owns 6,263,369 shares of the company’s stock worth $266,820,000 after purchasing an additional 415,695 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,261,561 shares of the company’s stock worth $138,943,000 after buying an additional 163,374 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.4% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,167,590 shares of the company’s stock valued at $134,939,000 after buying an additional 163,590 shares in the last quarter. Crestwood Advisors Group LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.9% during the 2nd quarter. Crestwood Advisors Group LLC now owns 1,632,125 shares of the company’s stock worth $69,529,000 after acquiring an additional 13,826 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 18.0% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,629,859 shares of the company’s stock worth $69,432,000 after acquiring an additional 249,130 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.0%

SPSM opened at $46.59 on Thursday. The business’s fifty day simple moving average is $46.29 and its 200 day simple moving average is $44.01. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $34.79 and a 52 week high of $50.03. The stock has a market cap of $12.75 billion, a PE ratio of 17.02 and a beta of 1.08.

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.