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

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

A number of other hedge funds also recently made changes to their positions in the stock. Morgan Stanley lifted 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. Raymond James Financial Inc. boosted its position 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 valued at $111,383,000 after buying an additional 1,470,388 shares in the last quarter. LPL Financial LLC grew 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 worth $1,264,764,000 after buying an additional 1,362,095 shares during the last quarter. Morningstar Investment Management LLC grew 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 buying an additional 751,719 shares during the last quarter. Finally, Betterment LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the fourth quarter. Betterment LLC now owns 18,757,519 shares of the company’s stock worth $878,977,000 after buying an additional 614,934 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA:SPSM opened at $56.57 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $41.76 and a 52-week high of $58.06. The company has a market capitalization of $16.99 billion, a PE ratio of 17.02 and a beta of 1.01. The company has a fifty day moving average of $55.84 and a 200-day 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.