SPDR Portfolio S&P 600 Small Cap ETF $SPSM Holdings Lowered by MAI Capital Management

MAI Capital Management decreased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 39.4% in the third quarter, HoldingsChannel reports. The firm owned 23,074 shares of the company’s stock after selling 15,023 shares during the period. MAI Capital Management’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,069,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Betterment LLC lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 9.2% during the second quarter. Betterment LLC now owns 17,616,693 shares of the company’s stock valued at $750,471,000 after buying an additional 1,485,197 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 8.8% in the second 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 in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 19.0% during the third quarter. Envestnet Asset Management Inc. now owns 3,882,503 shares of the company’s stock valued at $179,838,000 after acquiring an additional 620,942 shares during the period. Cliftonlarsonallen Wealth Advisors LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.6% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,281,191 shares of the company’s stock valued at $151,985,000 after acquiring an additional 113,601 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake 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 worth $111,383,000 after purchasing an additional 1,470,388 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA SPSM opened at $50.55 on Friday. The firm’s 50 day moving average price is $49.68 and its two-hundred day moving average price is $47.47. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.79 and a twelve month high of $52.04. The stock has a market cap of $14.40 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08.

About SPDR Portfolio S&P 600 Small Cap ETF

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.