Private Wealth Group LLC Has $10.59 Million Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Private Wealth Group LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 20.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,563 shares of the company’s stock after buying an additional 31,500 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF comprises approximately 4.1% of Private Wealth Group LLC’s investment portfolio, making the stock its 7th biggest position. Private Wealth Group LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $10,586,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Morgan Stanley raised its holdings 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 valued at $644,197,000 after acquiring an additional 8,375,030 shares in the last quarter. Raymond James Financial Inc. grew 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 worth $111,383,000 after purchasing an additional 1,470,388 shares in the last quarter. LPL Financial LLC grew its holdings in shares of 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 purchasing an additional 1,362,095 shares in the last quarter. Morningstar Investment Management LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 310.1% during the 3rd quarter. Morningstar Investment Management LLC now owns 994,157 shares of the company’s stock worth $46,049,000 after purchasing an additional 751,719 shares in the last quarter. Finally, Betterment LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the fourth quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock worth $878,977,000 after purchasing an additional 614,934 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.7%

SPSM stock opened at $57.91 on Friday. The company has a market cap of $17.39 billion, a PE ratio of 17.02 and a beta of 1.02. The business has a 50-day simple moving average of $56.22 and a 200 day simple moving average of $52.70. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $43.12 and a 52 week high of $58.60.

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.