Kensington Asset Management LLC Has $2.91 Million Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Kensington Asset Management LLC lessened its holdings in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 75.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,272 shares of the company’s stock after selling 185,070 shares during the quarter. Kensington Asset Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,912,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in SPSM. Morgan Stanley grew its holdings in 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 last quarter. Raymond James Financial Inc. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the second quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock valued at $111,383,000 after acquiring an additional 1,470,388 shares during the last quarter. LPL Financial LLC lifted its holdings 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 worth $1,264,764,000 after purchasing an additional 1,362,095 shares during the period. Morningstar Investment Management LLC lifted its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 310.1% during the third quarter. Morningstar Investment Management LLC now owns 994,157 shares of the company’s stock worth $46,049,000 after purchasing an additional 751,719 shares during the period. Finally, Betterment LLC grew its stake in shares of 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 worth $878,977,000 after purchasing an additional 614,934 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA SPSM opened at $56.57 on Friday. The company has a market capitalization of $16.99 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $41.76 and a twelve month high of $58.06. The stock has a fifty day simple moving average of $55.84 and a 200 day simple moving average of $52.42.

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.