AF Advisors Inc. Takes $3.83 Million Position in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

AF Advisors Inc. acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 90,000 shares of the company’s stock, valued at approximately $3,834,000. SPDR Portfolio S&P 600 Small Cap ETF makes up about 1.3% of AF Advisors Inc.’s investment portfolio, making the stock its 4th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Centennial Bank AR boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 158.1% in the first quarter. Centennial Bank AR now owns 973 shares of the company’s stock valued at $40,000 after acquiring an additional 596 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at approximately $43,000. Hexagon Capital Partners LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 14,066.7% during the first quarter. Hexagon Capital Partners LLC now owns 1,275 shares of the company’s stock worth $52,000 after buying an additional 1,266 shares during the period. Private Wealth Asset Management LLC acquired a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth $56,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 110.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,517 shares of the company’s stock worth $65,000 after buying an additional 796 shares during the period.

SPDR Portfolio S&P 600 Small Cap ETF Trading Up 0.8%

NYSEARCA:SPSM opened at $47.23 on Friday. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $34.79 and a 12 month high of $50.03. The firm has a fifty day simple moving average of $46.10 and a 200-day simple moving average of $43.21. The company has a market capitalization of $12.90 billion, a P/E ratio of 17.02 and a beta of 1.14.

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.