SPDR Portfolio S&P 600 Small Cap ETF $SPSM Shares Sold by Wrapmanager Inc.

Wrapmanager Inc. lowered its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 9.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 179,813 shares of the company’s stock after selling 18,938 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for 2.6% of Wrapmanager Inc.’s investment portfolio, making the stock its 11th biggest position. Wrapmanager Inc. owned about 0.07% of SPDR Portfolio S&P 600 Small Cap ETF worth $8,329,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Betterment LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 9.2% during the second quarter. Betterment LLC now owns 17,616,693 shares of the company’s stock worth $750,471,000 after acquiring an additional 1,485,197 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 128.5% in the second quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after purchasing an additional 1,470,388 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at approximately $65,460,000. Envestnet Portfolio Solutions Inc. grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 121.1% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 1,254,850 shares of the company’s stock worth $58,125,000 after acquiring an additional 687,258 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 19.0% in the third quarter. Envestnet Asset Management Inc. now owns 3,882,503 shares of the company’s stock worth $179,838,000 after purchasing an additional 620,942 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 2.1%

Shares of NYSEARCA SPSM opened at $50.26 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.79 and a twelve month high of $52.04. The business has a 50 day simple moving average of $49.44 and a 200-day simple moving average of $47.30. The company has a market capitalization of $14.32 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08.

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.