Dakota Wealth Management Grows Stock Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Dakota Wealth Management grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 9.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,226,104 shares of the company’s stock after acquiring an additional 108,059 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF comprises about 1.1% of Dakota Wealth Management’s investment portfolio, making the stock its 12th biggest holding. Dakota Wealth Management owned approximately 0.45% of SPDR Portfolio S&P 600 Small Cap ETF worth $56,793,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SPSM. Betterment LLC lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 9.2% in the second quarter. Betterment LLC now owns 17,616,693 shares of the company’s stock worth $750,471,000 after acquiring an additional 1,485,197 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 128.5% in the 2nd 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 during the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the third quarter worth $65,460,000. Envestnet Portfolio Solutions Inc. boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 121.1% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 1,254,850 shares of the company’s stock worth $58,125,000 after purchasing an additional 687,258 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 19.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,882,503 shares of the company’s stock valued at $179,838,000 after acquiring an additional 620,942 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM opened at $50.26 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.79 and a fifty-two week high of $52.04. The business has a 50-day moving average of $49.44 and a 200-day moving average of $47.30. The company has a market capitalization of $14.32 billion, a PE ratio of 17.02 and a beta of 1.08.

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.