Vivaldi Capital Management LP Grows Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Vivaldi Capital Management LP lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 12.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,345 shares of the company’s stock after buying an additional 19,157 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF makes up 1.2% of Vivaldi Capital Management LP’s portfolio, making the stock its 24th biggest position. Vivaldi Capital Management LP’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $8,328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of 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 valued at $644,197,000 after buying an additional 8,375,030 shares during the period. Raymond James Financial Inc. lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock worth $111,383,000 after acquiring an additional 1,470,388 shares in the last quarter. LPL Financial LLC boosted its holdings in 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 worth $1,264,764,000 after acquiring an additional 1,362,095 shares during the period. Morningstar Investment Management LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 310.1% in the 3rd quarter. Morningstar Investment Management LLC now owns 994,157 shares of the company’s stock worth $46,049,000 after acquiring an additional 751,719 shares during the period. Finally, Betterment LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the fourth quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock valued at $878,977,000 after acquiring an additional 614,934 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM opened at $56.32 on Friday. The firm has a market capitalization of $16.99 billion, a P/E ratio of 17.02 and a beta of 1.01. The firm’s 50 day moving average is $55.45 and its 200-day moving average is $52.14. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $41.76 and a 52-week high of $58.06.

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.