Pachira Investments Inc. Makes New $6.50 Million Investment in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Pachira Investments Inc. acquired a new position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSMFree Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 140,392 shares of the company’s stock, valued at approximately $6,503,000. SPDR Portfolio S&P 600 Small Cap ETF makes up 3.7% of Pachira Investments Inc.’s investment portfolio, making the stock its 10th biggest position.

Other hedge funds have also modified their holdings of the company. Financial Consulate Inc. purchased a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 3rd quarter valued at approximately $30,000. Compass Financial Services Inc raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 225.9% in the second quarter. Compass Financial Services Inc now owns 756 shares of the company’s stock worth $32,000 after buying an additional 524 shares during the last quarter. Topsail Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at $34,000. Chapman Financial Group LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the second quarter valued at $38,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter valued at $43,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

SPDR Portfolio S&P 600 Small Cap ETF stock opened at $48.59 on Wednesday. SPDR Portfolio S&P 600 Small Cap ETF has a fifty-two week low of $34.79 and a fifty-two week high of $49.02. The company has a market cap of $13.57 billion, a PE ratio of 17.02 and a beta of 1.08. The business’s 50-day simple moving average is $46.86 and its two-hundred day simple moving average is $45.66.

About SPDR Portfolio S&P 600 Small Cap ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SPSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSMFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

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