United Asset Strategies Inc. Buys 132,504 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

United Asset Strategies Inc. increased its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 44.6% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 429,834 shares of the company’s stock after buying an additional 132,504 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF accounts for about 1.7% of United Asset Strategies Inc.’s holdings, making the stock its 14th largest holding. United Asset Strategies Inc. owned 0.15% of SPDR Portfolio S&P 600 Small Cap ETF worth $20,770,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. LPL Financial LLC boosted its holdings in 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 acquiring an additional 1,362,095 shares in the last quarter. Betterment LLC increased its position in shares of 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 valued at $878,977,000 after acquiring an additional 614,934 shares in the last quarter. Morgan Stanley raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 155.9% in 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 during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 1.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,463,327 shares of the company’s stock worth $302,872,000 after acquiring an additional 100,394 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 6.1% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,480,713 shares of the company’s stock valued at $163,106,000 after acquiring an additional 199,522 shares in the last quarter.

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

SPSM stock traded down $0.47 during midday trading on Tuesday, hitting $56.61. The company’s stock had a trading volume of 770,595 shares, compared to its average volume of 2,273,737. The firm’s 50-day moving average is $54.49 and its 200-day moving average is $51.29. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $41.76 and a 12 month high of $58.06. The company has a market cap of $16.62 billion, a PE ratio of 17.02 and a beta of 1.01.

About SPDR Portfolio S&P 600 Small Cap ETF

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.