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

Morningstar Investment Management LLC grew its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,011,729 shares of the company’s stock after acquiring an additional 17,572 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 2.8% of Morningstar Investment Management LLC’s investment portfolio, making the stock its 6th biggest position. Morningstar Investment Management LLC owned approximately 0.36% of SPDR Portfolio S&P 600 Small Cap ETF worth $47,410,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Allen Capital Group LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.2% in the fourth quarter. Allen Capital Group LLC now owns 397,908 shares of the company’s stock worth $18,646,000 after acquiring an additional 4,636 shares during the last quarter. Wealthquest Corp bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth about $232,000. Prospera Financial Services Inc raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 31.6% in the fourth quarter. Prospera Financial Services Inc now owns 9,158 shares of the company’s stock worth $429,000 after acquiring an additional 2,200 shares during the last quarter. Carroll Advisory Group LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth about $10,352,000. Finally, Orange Investment Advisors Inc. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 0.4% in the fourth quarter. Orange Investment Advisors Inc. now owns 150,565 shares of the company’s stock worth $7,055,000 after acquiring an additional 654 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA SPSM opened at $53.44 on Monday. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $40.00 and a 1-year high of $54.26. The company has a market cap of $15.38 billion, a PE ratio of 17.02 and a beta of 1.04. The company has a 50-day moving average of $50.85 and a two-hundred day moving average of $49.36.

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.