ARS Investment Partners LLC raised its stake in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 36.5% in the first quarter, Holdings Channel.com reports. The firm owned 41,850 shares of the company’s stock after acquiring an additional 11,199 shares during the period. ARS Investment Partners LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently bought and sold shares of SPSM. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at about $27,000. Strive Financial Group LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $28,000. Lodestone Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $33,000. Kingdom Financial Group LLC. bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at about $34,000. Finally, Arax Advisory Partners bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter valued at about $35,000.
SPDR Portfolio S&P 600 Small Cap ETF Price Performance
SPDR Portfolio S&P 600 Small Cap ETF stock opened at $55.86 on Friday. The business has a 50 day moving average price of $53.41 and a two-hundred day moving average price of $50.57. The stock has a market cap of $16.08 billion, a price-to-earnings ratio of 17.02 and a beta of 1.02. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $40.99 and a 12 month high of $56.60.
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.
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Want to see what other hedge funds are holding SPSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report).
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