Orange Investment Advisors Inc. Purchases 150,608 Shares of SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Orange Investment Advisors Inc. acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 150,608 shares of the company’s stock, valued at approximately $7,961,000. SPDR Portfolio S&P 600 Small Cap ETF comprises approximately 1.0% of Orange Investment Advisors Inc.’s investment portfolio, making the stock its 29th biggest position.

Several other hedge funds also recently added to or reduced their stakes in the stock. Boston Standard Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the third quarter valued at approximately $19,884,000. TKG Advisors LLC lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 47.9% during the 1st quarter. TKG Advisors LLC now owns 31,943 shares of the company’s stock worth $1,544,000 after buying an additional 10,350 shares during the last quarter. Cornerstone Advisors Asset Management LLC lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 27.0% during the 2nd quarter. Cornerstone Advisors Asset Management LLC now owns 465,415 shares of the company’s stock worth $26,840,000 after buying an additional 99,008 shares during the last quarter. Vicus Capital lifted its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 9.0% during the 1st quarter. Vicus Capital now owns 682,870 shares of the company’s stock worth $32,996,000 after buying an additional 56,125 shares during the last quarter. Finally, Tidal Investments LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth approximately $1,469,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Performance

Shares of SPSM opened at $53.73 on Monday. The firm has a market cap of $15.81 billion, a price-to-earnings ratio of 17.02 and a beta of 1.03. The stock has a 50 day moving average of $54.83 and a 200-day moving average of $54.86. SPDR Portfolio S&P 600 Small Cap ETF has a 52 week low of $43.66 and a 52 week high of $58.60.

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.