Integrated Wealth Concepts LLC Purchases 15,284 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Integrated Wealth Concepts LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 3.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 417,275 shares of the company’s stock after acquiring an additional 15,284 shares during the period. Integrated Wealth Concepts LLC owned about 0.14% of SPDR Portfolio S&P 600 Small Cap ETF worth $24,064,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. LPL Financial LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the fourth 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 period. Betterment LLC lifted its position 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 purchasing an additional 614,934 shares during the period. Morgan Stanley boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 155.9% during 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 1.6% during 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. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.1% in the 1st 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 period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM stock opened at $56.09 on Wednesday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $43.66 and a 52-week high of $58.60. The stock has a market cap of $16.85 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01. The firm has a fifty day moving average of $56.96 and a 200-day moving average of $53.74.

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.