Morningstar Investment Management LLC Has $47.41 Million Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Morningstar Investment Management LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 1.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,011,729 shares of the company’s stock after purchasing an additional 17,572 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for 2.8% of Morningstar Investment Management LLC’s portfolio, making the stock its 6th biggest position. Morningstar Investment Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $47,410,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Crestwood Advisors Group LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.1% during the third quarter. Crestwood Advisors Group LLC now owns 1,666,835 shares of the company’s stock worth $77,207,000 after buying an additional 34,710 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 289.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 44,616 shares of the company’s stock worth $2,091,000 after buying an additional 33,159 shares during the last quarter. South Shore Capital Advisors bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth approximately $1,271,000. Montz Harcus Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.7% during the fourth quarter. Montz Harcus Wealth Management LLC now owns 236,303 shares of the company’s stock worth $11,073,000 after buying an additional 12,813 shares during the last quarter. Finally, Blueprint Financial Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter worth approximately $821,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA SPSM opened at $53.44 on Monday. The stock has a market cap of $15.38 billion, a P/E ratio of 17.02 and a beta of 1.04. The firm has a 50 day moving average price of $50.85 and a 200 day moving average price of $49.36. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $40.00 and a 52-week high of $54.26.

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.