Exchange Capital Management Inc. raised its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM – Free Report) by 5.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 83,394 shares of the company’s stock after purchasing an additional 4,089 shares during the period. Exchange Capital Management Inc. owned about 0.06% of SPDR Portfolio S&P 1500 Composite Stock Market ETF worth $5,957,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Bank of New York Mellon Corp lifted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 27.0% in the 4th quarter. Bank of New York Mellon Corp now owns 10,883 shares of the company’s stock valued at $777,000 after buying an additional 2,312 shares in the last quarter. Abound Financial LLC purchased a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter valued at approximately $19,800,000. L.M. Kohn & Company raised its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 22.8% in the 4th quarter. L.M. Kohn & Company now owns 18,192 shares of the company’s stock valued at $1,299,000 after acquiring an additional 3,376 shares during the last quarter. Congress Asset Management Co. acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter worth $599,000. Finally, Quent Capital LLC increased its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.7% in the fourth quarter. Quent Capital LLC now owns 30,894 shares of the company’s stock valued at $2,207,000 after purchasing an additional 223 shares during the last quarter.
SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Down 0.5 %
SPTM stock opened at $72.61 on Tuesday. The business has a fifty day simple moving average of $72.91 and a 200-day simple moving average of $71.28. The company has a market cap of $9.87 billion, a price-to-earnings ratio of 26.04 and a beta of 1.02. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 52 week low of $60.52 and a 52 week high of $74.64.
About SPDR Portfolio S&P 1500 Composite Stock Market ETF
The SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) is an exchange-traded fund that is based on the S&P Composite 1500 index, a market-cap-weighted index selected by the S&P Committee that covers the entire US market cap spectrum. SPTM was launched on Oct 4, 2000 and is managed by State Street.
Featured Articles
- Five stocks we like better than SPDR Portfolio S&P 1500 Composite Stock Market ETF
- How to Capture the Benefits of Dividend Increases
- Finding Hidden Gems: Unconventional Penny Stock Investing
- How to Calculate Return on Investment (ROI)
- Price Targets on NVIDIA Rise in Front of Earnings
- The Significance of Brokerage Rankings in Stock Selection
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
Receive News & Ratings for SPDR Portfolio S&P 1500 Composite Stock Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 1500 Composite Stock Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.