KWB Wealth Has $28.30 Million Stock Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

KWB Wealth lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 237.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 603,914 shares of the company’s stock after purchasing an additional 425,076 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises 2.7% of KWB Wealth’s investment portfolio, making the stock its 8th largest holding. KWB Wealth’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $28,299,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SPSM. MAI Capital Management raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 5.5% in the 2nd quarter. MAI Capital Management now owns 38,097 shares of the company’s stock valued at $1,623,000 after buying an additional 1,972 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 8.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 6,148,239 shares of the company’s stock worth $261,915,000 after acquiring an additional 499,599 shares during the last quarter. Titleist Asset Management LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.9% in the 2nd quarter. Titleist Asset Management LLC now owns 17,729 shares of the company’s stock valued at $755,000 after acquiring an additional 499 shares during the period. Global Retirement Partners LLC acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at approximately $11,745,000. Finally, Summit Global Investments raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 54.4% during the second quarter. Summit Global Investments now owns 87,613 shares of the company’s stock valued at $3,732,000 after acquiring an additional 30,872 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA:SPSM opened at $47.78 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $34.79 and a 52 week high of $52.04. The firm has a market cap of $13.61 billion, a PE ratio of 17.02 and a beta of 1.08. The firm’s fifty day moving average is $49.87 and its 200-day moving average is $47.84.

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.