CacheTech Inc. Buys 12,362 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

CacheTech Inc. increased its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 54.8% during the second quarter, HoldingsChannel.com reports. The firm owned 34,929 shares of the company’s stock after buying an additional 12,362 shares during the period. CacheTech Inc.’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,488,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SPSM. First Trust Advisors LP increased 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 period. Independent Wealth Network Inc. grew its stake in SPDR Portfolio S&P 600 Small Cap ETF by 3.0% during the second quarter. Independent Wealth Network Inc. now owns 8,561 shares of the company’s stock valued at $365,000 after acquiring an additional 248 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 1.6% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 17,143 shares of the company’s stock worth $730,000 after acquiring an additional 273 shares during the period. Continental Investors Services Inc. increased its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 2.3% during the 2nd quarter. Continental Investors Services Inc. now owns 14,640 shares of the company’s stock worth $624,000 after acquiring an additional 323 shares during the period. Finally, FSB Premier Wealth Management Inc. lifted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 1.2% in the 2nd quarter. FSB Premier Wealth Management Inc. now owns 27,614 shares of the company’s stock worth $1,176,000 after purchasing an additional 326 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM opened at $48.39 on Monday. The firm has a market capitalization of $13.24 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.79 and a one year high of $49.02. The company has a fifty day moving average price of $46.37 and a 200-day moving average price of $44.94.

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.