Impact Partnership Wealth LLC Grows Stock Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Impact Partnership Wealth LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 64.8% in the first quarter, Holdings Channel.com reports. The fund owned 503,692 shares of the company’s stock after acquiring an additional 198,030 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up approximately 3.0% of Impact Partnership Wealth LLC’s investment portfolio, making the stock its 9th biggest position. Impact Partnership Wealth LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $24,338,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPSM. LPL Financial LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the 4th 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 raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the 4th 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 last quarter. Morgan Stanley lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 155.9% in 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 period. Charles Schwab Investment Management Inc. boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,463,327 shares of the company’s stock valued at $302,872,000 after purchasing an additional 100,394 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 6.1% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,480,713 shares of the company’s stock worth $163,106,000 after buying an additional 199,522 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Up 0.7%

Shares of NYSEARCA SPSM opened at $57.67 on Wednesday. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $41.76 and a twelve month high of $57.77. The firm has a fifty day simple moving average of $54.14 and a 200 day simple moving average of $51.05. The company has a market capitalization of $16.60 billion, a PE ratio of 17.02 and a beta of 1.02.

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.