SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Stake Raised by Hudson Valley Investment Advisors Inc. ADV

Hudson Valley Investment Advisors Inc. ADV increased its position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 10.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,858 shares of the company’s stock after purchasing an additional 11,048 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,845,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Copia Wealth Management acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF in the fourth quarter worth approximately $27,000. Parallel Advisors LLC grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 2,931.1% during the 1st quarter. Parallel Advisors LLC now owns 1,364 shares of the company’s stock worth $56,000 after purchasing an additional 1,319 shares in the last quarter. Ameriflex Group Inc. purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth approximately $66,000. Cyrus J. Lawrence LLC purchased a new position in SPDR Portfolio S&P 600 Small Cap ETF during the 4th quarter worth approximately $87,000. Finally, NBC Securities Inc. grew its position in SPDR Portfolio S&P 600 Small Cap ETF by 107,580.0% during the 1st quarter. NBC Securities Inc. now owns 5,384 shares of the company’s stock worth $219,000 after purchasing an additional 5,379 shares in the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

NYSEARCA SPSM opened at $41.97 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $34.79 and a twelve month high of $50.03. The stock has a market cap of $11.07 billion, a price-to-earnings ratio of 16.31 and a beta of 1.08. The firm’s 50 day moving average price is $39.59 and its two-hundred day moving average price is $43.23.

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.