Pallas Capital Advisors LLC Buys New Shares in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Pallas Capital Advisors LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the fourth quarter, HoldingsChannel reports. The fund purchased 85,665 shares of the company’s stock, valued at approximately $4,014,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Betterment LLC increased its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.0% during the 3rd quarter. Betterment LLC now owns 18,142,585 shares of the company’s stock worth $840,365,000 after purchasing an additional 525,892 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 19.0% in the third quarter. Envestnet Asset Management Inc. now owns 3,882,503 shares of the company’s stock valued at $179,838,000 after buying an additional 620,942 shares during the period. Cliftonlarsonallen Wealth Advisors LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 3.6% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,281,191 shares of the company’s stock worth $151,985,000 after buying an additional 113,601 shares in the last quarter. Bank of America Corp DE grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.0% during the third quarter. Bank of America Corp DE now owns 3,272,697 shares of the company’s stock worth $151,591,000 after buying an additional 156,866 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in SPDR Portfolio S&P 600 Small Cap ETF by 6.1% during the third quarter. Raymond James Financial Inc. now owns 2,773,574 shares of the company’s stock valued at $128,472,000 after acquiring an additional 158,958 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 1.5%

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $47.36 on Friday. The business has a 50 day moving average price of $49.73 and a two-hundred day moving average price of $47.87. The stock has a market cap of $13.49 billion, a price-to-earnings ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $34.79 and a 12 month high of $52.04.

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.