AdvisorNet Financial Inc lifted its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Free Report) by 10.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 40,658 shares of the company’s stock after buying an additional 3,958 shares during the quarter. AdvisorNet Financial Inc’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $1,826,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in SPSM. 49 Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the third quarter valued at approximately $32,132,000. Spinnaker Trust lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 10.2% in the 3rd quarter. Spinnaker Trust now owns 779,407 shares of the company’s stock valued at $35,471,000 after purchasing an additional 72,246 shares during the last quarter. Beck Capital Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 3rd quarter valued at $2,934,000. Jaffetilchin Investment Partners LLC bought a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the third quarter worth $2,599,000. Finally, Cary Street Partners Asset Management LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 15.4% during the third quarter. Cary Street Partners Asset Management LLC now owns 367,172 shares of the company’s stock valued at $16,710,000 after buying an additional 48,987 shares in the last quarter.
SPDR Portfolio S&P 600 Small Cap ETF Price Performance
Shares of NYSEARCA:SPSM opened at $44.96 on Wednesday. The stock has a market capitalization of $11.04 billion, a P/E ratio of 13.57 and a beta of 1.15. The business has a 50-day moving average of $47.01 and a two-hundred day moving average of $45.20. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $39.55 and a fifty-two week high of $50.03.
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.
Featured Articles
- Five stocks we like better than SPDR Portfolio S&P 600 Small Cap ETF
- Industrial Products Stocks Investing
- The Fed Is More Likely to Hike Than Cut Rates in 2025
- The Significance of Brokerage Rankings in Stock Selection
- Investors Navigate Uncertainty by Seeking Refuge in Gold and Oil
- Insider Trades May Not Tell You What You Think
- Archer Aviation Shares Slide, Now Bargain Priced for 2025
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).
Receive News & Ratings for SPDR Portfolio S&P 600 Small Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 600 Small Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
