Assetmark Inc. Has $69.47 Million Stake in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Assetmark Inc. lessened its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 6.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,437,727 shares of the company’s stock after selling 104,018 shares during the period. Assetmark Inc. owned about 0.50% of SPDR Portfolio S&P 600 Small Cap ETF worth $69,471,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPSM. Morgan Stanley grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 155.9% during the 4th quarter. Morgan Stanley now owns 13,747,260 shares of the company’s stock worth $644,197,000 after acquiring an additional 8,375,030 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of 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 purchasing an additional 1,470,388 shares in the last quarter. LPL Financial LLC lifted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the fourth quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock worth $1,264,764,000 after purchasing an additional 1,362,095 shares in the last quarter. Morningstar Investment Management LLC boosted its holdings in 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 purchasing an additional 751,719 shares during the last quarter. Finally, Betterment LLC boosted its holdings in 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 purchasing an additional 614,934 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Trading Down 0.8%

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $56.76 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $41.76 and a 1-year high of $58.06. The company has a fifty day simple moving average of $55.08 and a 200 day simple moving average of $51.81. The company has a market cap of $17.05 billion, a P/E ratio of 17.02 and a beta of 1.01.

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.