Northwestern Mutual Wealth Management Co. Acquires 42,322 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Northwestern Mutual Wealth Management Co. raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 2.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,518,739 shares of the company’s stock after purchasing an additional 42,322 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $71,168,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. First Trust Advisors LP grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock worth $283,000 after acquiring an additional 220 shares during the period. Cerity Partners LLC lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 19.3% during the second quarter. Cerity Partners LLC now owns 118,719 shares of the company’s stock valued at $5,057,000 after purchasing an additional 19,182 shares during the period. NewEdge Advisors LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 25.2% in the second quarter. NewEdge Advisors LLC now owns 172,246 shares of the company’s stock worth $7,338,000 after purchasing an additional 34,642 shares during the last quarter. Glenview Trust co grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 13.7% in the 2nd quarter. Glenview Trust co now owns 5,705 shares of the company’s stock worth $243,000 after purchasing an additional 688 shares during the period. Finally, Raymond James Financial Inc. raised its stake in SPDR Portfolio S&P 600 Small Cap ETF by 128.5% during the 2nd 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 during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

NYSEARCA SPSM opened at $53.93 on Friday. The stock has a market capitalization of $15.52 billion, a price-to-earnings ratio of 17.02 and a beta of 1.04. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $40.46 and a 1-year high of $54.66. The business’s fifty day moving average price is $51.48 and its 200-day moving average price is $49.63.

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.