Wealthcare Advisory Partners LLC Buys 19,008 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Wealthcare Advisory Partners LLC increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 1.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,776,135 shares of the company’s stock after acquiring an additional 19,008 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up about 1.9% of Wealthcare Advisory Partners LLC’s investment portfolio, making the stock its 5th largest position. Wealthcare Advisory Partners LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $102,430,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Morgan Stanley raised its holdings in shares of 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 acquiring an additional 8,375,030 shares during the period. Raymond James Financial Inc. boosted its holdings in 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 purchasing an additional 1,470,388 shares during the last quarter. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the 4th 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 holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 310.1% during the 3rd quarter. Morningstar Investment Management LLC now owns 994,157 shares of the company’s stock worth $46,049,000 after buying an additional 751,719 shares during the last quarter. Finally, Betterment LLC raised its position in shares of 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 valued at $878,977,000 after buying an additional 614,934 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.6%

SPSM stock opened at $57.57 on Tuesday. The business has a fifty day moving average of $56.29 and a two-hundred day moving average of $52.78. The stock has a market cap 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 has a 52-week low of $43.12 and a 52-week high of $58.60.

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.