PNC Financial Services Group Inc. Trims Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

PNC Financial Services Group Inc. trimmed its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,912,458 shares of the company’s stock after selling 19,020 shares during the quarter. PNC Financial Services Group Inc. owned 0.67% of SPDR Portfolio S&P 600 Small Cap ETF worth $89,618,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Betterment LLC grew its position 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 valued at $840,365,000 after purchasing an additional 525,892 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in 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 purchasing an additional 620,942 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 6.1% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,480,713 shares of the company’s stock valued at $163,106,000 after purchasing an additional 199,522 shares during the last quarter. Bank of America Corp DE lifted 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 valued at $151,591,000 after purchasing an additional 156,866 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 6.1% in the 3rd quarter. Raymond James Financial Inc. now owns 2,773,574 shares of the company’s stock worth $128,472,000 after buying an additional 158,958 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA:SPSM opened at $52.86 on Thursday. The company’s fifty day moving average price is $50.67 and its 200-day moving average price is $49.26. The firm has a market capitalization of $15.21 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 one year low of $40.00 and a one year high of $54.26.

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.