Tandem Investment Partners LLC Increases Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Tandem Investment Partners LLC grew its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 6.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,458 shares of the company’s stock after buying an additional 2,805 shares during the quarter. SPDR Portfolio S&P 600 Small Cap ETF accounts for approximately 1.7% of Tandem Investment Partners LLC’s holdings, making the stock its 21st biggest holding. Tandem Investment Partners LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,937,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Centennial Bank AR raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 158.1% in the 1st quarter. Centennial Bank AR now owns 973 shares of the company’s stock worth $40,000 after purchasing an additional 596 shares during the period. Retirement Wealth Solutions LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth about $43,000. Hexagon Capital Partners LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 14,066.7% in the 1st quarter. Hexagon Capital Partners LLC now owns 1,275 shares of the company’s stock worth $52,000 after purchasing an additional 1,266 shares during the period. Parallel Advisors LLC raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 2,931.1% in the 1st quarter. Parallel Advisors LLC now owns 1,364 shares of the company’s stock worth $56,000 after purchasing an additional 1,319 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 110.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,517 shares of the company’s stock worth $65,000 after purchasing an additional 796 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $46.84 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $34.79 and a 1-year high of $50.03. The firm has a market capitalization of $12.84 billion, a P/E ratio of 17.02 and a beta of 1.14. The company’s 50-day moving average is $45.34 and its 200 day moving average is $42.53.

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.