SPDR Portfolio S&P 600 Small Cap ETF $SPSM is 626 Financial LLC’s 10th Largest Position

626 Financial LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 26.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 109,777 shares of the company’s stock after acquiring an additional 23,251 shares during the period. SPDR Portfolio S&P 600 Small Cap ETF makes up about 2.5% of 626 Financial LLC’s portfolio, making the stock its 10th biggest position. 626 Financial LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,677,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SPSM. Valeo Financial Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 3.3% during the second quarter. Valeo Financial Advisors LLC now owns 257,459 shares of the company’s stock worth $10,968,000 after purchasing an additional 8,332 shares during the last quarter. DAVENPORT & Co LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 17.0% in the second quarter. DAVENPORT & Co LLC now owns 870,012 shares of the company’s stock valued at $37,063,000 after purchasing an additional 126,532 shares during the last quarter. Valpey Financial Services LLC purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at $430,000. Alta Wealth Advisors LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.7% during the 2nd quarter. Alta Wealth Advisors LLC now owns 41,989 shares of the company’s stock worth $1,789,000 after purchasing an additional 1,104 shares during the period. Finally, Simplicity Wealth LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter valued at about $2,397,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.3%

Shares of SPSM stock opened at $46.70 on Tuesday. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $34.79 and a 52-week high of $50.03. The stock has a market cap of $12.81 billion, a PE ratio of 17.02 and a beta of 1.14. The business has a 50-day simple moving average of $45.39 and a 200-day simple moving average of $42.58.

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.