KWB Wealth Trims Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

KWB Wealth reduced its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 17.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 452,815 shares of the company’s stock after selling 96,016 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises 2.2% of KWB Wealth’s portfolio, making the stock its 11th biggest position. KWB Wealth’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $26,114,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Morgan Stanley increased its stake 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 purchasing an additional 8,375,030 shares during the period. Raymond James Financial Inc. boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during 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 period. LPL Financial LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the fourth 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 during the last quarter. Morningstar Investment Management LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 310.1% in the third 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 during the last quarter. Finally, Betterment LLC increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the 4th 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 period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPSM opened at $57.57 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $43.12 and a 1-year high of $58.60. The company has a 50-day moving average of $56.29 and a 200 day moving average of $52.78. The firm has a market capitalization of $17.29 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02.

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.