Gateway Wealth Partners LLC Raises Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Gateway Wealth Partners LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 111.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 51,768 shares of the company’s stock after buying an additional 27,301 shares during the quarter. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,501,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock valued at $1,264,764,000 after acquiring an additional 1,362,095 shares during the last quarter. Betterment LLC increased its position 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 in the last quarter. Morgan Stanley raised its stake in 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 valued at $644,197,000 after purchasing an additional 8,375,030 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in 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, Valmark Advisers Inc. raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.1% in the 1st quarter. Valmark Advisers Inc. now owns 5,412,325 shares of the company’s stock valued at $261,524,000 after purchasing an additional 109,719 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.5%

NYSEARCA:SPSM opened at $56.59 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 12-month low of $41.76 and a 12-month high of $58.06. The firm has a market cap of $17.06 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01. The company’s 50-day moving average is $55.54 and its two-hundred day moving average is $52.23.

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.