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

Hudson Valley Investment Advisors Inc. ADV raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 8.4% during the third quarter, HoldingsChannel reports. The firm owned 97,840 shares of the company’s stock after buying an additional 7,596 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $4,453,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Arkadios Wealth Advisors raised its position in SPDR Portfolio S&P 600 Small Cap ETF by 1.8% during the second quarter. Arkadios Wealth Advisors now owns 13,583 shares of the company’s stock valued at $564,000 after purchasing an additional 240 shares during the period. S.A. Mason LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 15.7% during the second quarter. S.A. Mason LLC now owns 2,452 shares of the company’s stock valued at $102,000 after buying an additional 332 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 31.3% during the second quarter. GAMMA Investing LLC now owns 1,498 shares of the company’s stock valued at $62,000 after buying an additional 357 shares during the last quarter. Beaumont Financial Advisors LLC grew its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 8.7% during the third quarter. Beaumont Financial Advisors LLC now owns 6,479 shares of the company’s stock valued at $295,000 after buying an additional 520 shares during the last quarter. Finally, Rothschild Investment LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at approximately $28,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPSM opened at $45.03 on Thursday. The stock has a market cap of $11.06 billion, a price-to-earnings ratio of 13.57 and a beta of 1.15. The stock’s 50 day moving average price is $44.78 and its 200-day moving average price is $43.22. SPDR Portfolio S&P 600 Small Cap ETF has a one year low of $34.44 and a one year high of $46.96.

SPDR Portfolio S&P 600 Small Cap ETF Company 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.