Greenleaf Trust Buys 55,260 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Greenleaf Trust raised its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 9.0% during the second quarter, HoldingsChannel reports. The fund owned 668,396 shares of the company’s stock after buying an additional 55,260 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises approximately 0.4% of Greenleaf Trust’s holdings, making the stock its 28th largest position. Greenleaf Trust’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $38,546,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SPSM. LPL Financial LLC grew its position 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 valued at $1,264,764,000 after purchasing an additional 1,362,095 shares during the last quarter. Betterment LLC raised its holdings in 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 buying an additional 614,934 shares during the last quarter. Morgan Stanley raised its holdings in 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. lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,463,327 shares of the company’s stock worth $302,872,000 after buying an additional 100,394 shares in the last quarter. Finally, Valmark Advisers Inc. grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.1% during the first quarter. Valmark Advisers Inc. now owns 5,412,325 shares of the company’s stock valued at $261,524,000 after buying an additional 109,719 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.8%

Shares of SPSM opened at $56.60 on Friday. The company has a market capitalization of $17.00 billion, a P/E ratio of 17.02 and a beta of 1.02. The firm has a 50 day moving average of $57.02 and a 200 day moving average of $53.48. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $43.66 and a twelve month high of $58.60.

SPDR Portfolio S&P 600 Small Cap ETF 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.