GAMMA Investing LLC Has $2.49 Million Stock Position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM)

GAMMA Investing LLC boosted its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 3,976.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 61,058 shares of the company’s stock after purchasing an additional 59,560 shares during the period. GAMMA Investing LLC’s holdings in SPDR Portfolio S&P 600 Small Cap ETF were worth $2,489,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of SPSM. Copia Wealth Management acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth approximately $27,000. Ameriflex Group Inc. acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth approximately $66,000. Cyrus J. Lawrence LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth approximately $87,000. SVB Wealth LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth approximately $222,000. Finally, Mascagni Wealth Management Inc. acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the fourth quarter worth approximately $257,000.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.3%

Shares of SPSM stock opened at $42.30 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 50 day moving average price of $39.92 and a two-hundred day moving average price of $43.07. The company has a market capitalization of $11.16 billion, a PE ratio of 16.31 and a beta of 1.08.

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.