Tortoise Investment Management LLC Boosts Stock Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Tortoise Investment Management LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 6.4% in the second quarter, Holdings Channel.com reports. The fund owned 235,466 shares of the company’s stock after purchasing an additional 14,060 shares during the period. Tortoise Investment Management LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $13,579,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. American Trust raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 1.3% in the fourth quarter. American Trust now owns 16,493 shares of the company’s stock worth $773,000 after purchasing an additional 213 shares during the last quarter. First Trust Advisors LP boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.4% during the second quarter. First Trust Advisors LP now owns 6,653 shares of the company’s stock valued at $283,000 after buying an additional 220 shares during the last quarter. Retirement Planning Group LLC boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.8% during the first quarter. Retirement Planning Group LLC now owns 8,346 shares of the company’s stock valued at $403,000 after buying an additional 230 shares during the last quarter. Stephens Inc. AR increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.2% in the 4th quarter. Stephens Inc. AR now owns 11,196 shares of the company’s stock worth $525,000 after buying an additional 238 shares in the last quarter. Finally, Fidelity D & D Bancorp Inc. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 3.7% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 6,757 shares of the company’s stock worth $326,000 after buying an additional 239 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of NYSEARCA:SPSM opened at $55.51 on Thursday. The firm has a market cap of $16.67 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01. The business has a 50-day simple moving average of $56.92 and a two-hundred day simple moving average of $53.78. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $43.66 and a fifty-two week high of $58.60.

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.