SPDR Portfolio S&P 600 Small Cap ETF $SPSM is Garrett Wealth Advisory Group LLC’s 8th Largest Position

Garrett Wealth Advisory Group LLC grew its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 2.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 451,885 shares of the company’s stock after purchasing an additional 11,968 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up about 4.1% of Garrett Wealth Advisory Group LLC’s investment portfolio, making the stock its 8th largest position. Garrett Wealth Advisory Group LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $20,931,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SPSM. Betterment LLC lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 9.2% in the 2nd quarter. Betterment LLC now owns 17,616,693 shares of the company’s stock worth $750,471,000 after buying an additional 1,485,197 shares during the last quarter. Raymond James Financial Inc. boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 128.5% in the second quarter. Raymond James Financial Inc. now owns 2,614,616 shares of the company’s stock worth $111,383,000 after buying an additional 1,470,388 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the third quarter valued at approximately $65,460,000. Morningstar Investment Management LLC raised its stake 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 acquiring an additional 751,719 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 121.1% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 1,254,850 shares of the company’s stock worth $58,125,000 after acquiring an additional 687,258 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM opened at $48.34 on Wednesday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.79 and a fifty-two week high of $52.04. The firm has a market cap of $13.77 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08. The firm has a 50 day moving average price of $49.98 and a 200-day moving average price of $47.79.

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.