Lynx Investment Advisory Invests $72,000 in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Lynx Investment Advisory bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the second quarter, HoldingsChannel reports. The institutional investor bought 1,725 shares of the company’s stock, valued at approximately $72,000.

A number of other hedge funds also recently modified their holdings of the stock. Prime Capital Investment Advisors LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 5.4% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 19,185 shares of the company’s stock worth $809,000 after acquiring an additional 985 shares during the period. SOL Capital Management CO bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $928,000. Harbor Investment Advisory LLC bought a new position in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth about $723,000. Valeo Financial Advisors LLC increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 20.2% during the fourth quarter. Valeo Financial Advisors LLC now owns 314,334 shares of the company’s stock worth $13,259,000 after acquiring an additional 52,791 shares during the period. Finally, Tennessee Valley Asset Management Partners increased its position in SPDR Portfolio S&P 600 Small Cap ETF by 22.9% during the fourth quarter. Tennessee Valley Asset Management Partners now owns 10,189 shares of the company’s stock worth $430,000 after acquiring an additional 1,899 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA:SPSM traded down $0.14 during mid-day trading on Wednesday, reaching $42.17. 530,746 shares of the company’s stock were exchanged, compared to its average volume of 1,816,892. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.17 and a one year high of $46.96. The firm has a market capitalization of $10.36 billion, a PE ratio of 13.57 and a beta of 1.15. The business’s fifty day simple moving average is $42.60 and its two-hundred day simple moving average is $41.97.

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.