Beck Capital Management LLC Makes New $2.93 Million Investment in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

Beck Capital Management LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 64,475 shares of the company’s stock, valued at approximately $2,934,000.

A number of other hedge funds have also recently made changes to their positions in the company. Rothschild Investment LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the second quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter worth about $32,000. GAMMA Investing LLC lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 31.3% in the second quarter. GAMMA Investing LLC now owns 1,498 shares of the company’s stock worth $62,000 after acquiring an additional 357 shares during the period. Transcendent Capital Group LLC boosted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 48.6% in the third quarter. Transcendent Capital Group LLC now owns 1,458 shares of the company’s stock valued at $66,000 after acquiring an additional 477 shares during the last quarter. Finally, Lynx Investment Advisory acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter valued at approximately $72,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $49.18 on Monday. The firm has a 50 day moving average price of $46.18 and a two-hundred day moving average price of $44.20. SPDR Portfolio S&P 600 Small Cap ETF has a 52-week low of $37.39 and a 52-week high of $50.03. The firm has a market cap of $12.08 billion, a price-to-earnings ratio of 13.57 and a beta of 1.15.

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.