Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 9,927 shares of the company’s stock, valued at approximately $465,000.
Several other large investors have also recently bought and sold shares of the company. Morgan Stanley boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 155.9% during the fourth 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. raised its stake in 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 worth $111,383,000 after buying an additional 1,470,388 shares during the period. LPL Financial LLC raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock worth $1,264,764,000 after buying an additional 1,362,095 shares during the period. Morningstar Investment Management LLC lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 310.1% during the third quarter. Morningstar Investment Management LLC now owns 994,157 shares of the company’s stock worth $46,049,000 after acquiring an additional 751,719 shares in the last quarter. Finally, Betterment LLC lifted 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 acquiring an additional 614,934 shares in the last quarter.
SPDR Portfolio S&P 600 Small Cap ETF Stock Performance
NYSEARCA:SPSM opened at $55.86 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 1 year low of $40.99 and a 1 year high of $56.60. The stock has a market cap of $16.08 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02. The stock has a 50-day moving average price of $53.41 and a two-hundred day moving average price of $50.57.
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.
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