Simplicity Wealth LLC Purchases 10,352 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Simplicity Wealth LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 23.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,127 shares of the company’s stock after buying an additional 10,352 shares during the period. Simplicity Wealth LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,615,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Morgan Stanley raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 155.9% during the 4th 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 last quarter. Raymond James Financial Inc. grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after buying an additional 1,470,388 shares during the last quarter. LPL Financial LLC increased its stake 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 valued at $1,264,764,000 after buying an additional 1,362,095 shares during the period. Morningstar Investment Management LLC increased its stake 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 valued at $46,049,000 after buying an additional 751,719 shares during the period. Finally, Betterment LLC increased its stake 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 valued at $878,977,000 after buying an additional 614,934 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM traded up $0.03 during mid-day trading on Friday, reaching $56.60. 1,057,801 shares of the company were exchanged, compared to its average volume of 2,287,545. The business has a 50 day simple moving average of $54.77 and a two-hundred day simple moving average of $51.51. The stock has a market capitalization of $16.86 billion, a PE ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $41.76 and a 52 week high of $58.06.

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.