Morningstar Investment Management LLC Trims Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Morningstar Investment Management LLC trimmed its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 23.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 774,051 shares of the company’s stock after selling 237,678 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF makes up 2.3% of Morningstar Investment Management LLC’s holdings, making the stock its 9th biggest holding. Morningstar Investment Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $37,402,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Brown Lisle Cummings Inc. purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF in the first quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at approximately $27,000. Private Wealth Management Group LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the first quarter valued at approximately $29,000. Strive Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at approximately $28,000. Finally, Lodestone Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at approximately $33,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock opened at $56.32 on Friday. The stock has a market cap of $16.99 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01. The stock has a 50 day moving average price of $55.45 and a 200-day moving average price of $52.14. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $41.76 and a one year high of $58.06.

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.