Hughes Financial Services LLC Buys 65,601 Shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF $SPTM

Hughes Financial Services LLC lifted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 3.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,796,000 shares of the ETF’s stock after buying an additional 65,601 shares during the quarter. SPDR Portfolio S&P 1500 Composite Stock Market ETF makes up about 21.3% of Hughes Financial Services LLC’s holdings, making the stock its biggest holding. Hughes Financial Services LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $167,333,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Legacy Wealth Management LLC MS boosted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 5.0% in the 3rd quarter. Legacy Wealth Management LLC MS now owns 3,132 shares of the ETF’s stock valued at $288,000 after buying an additional 150 shares in the last quarter. North Star Investment Management Corp. bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter valued at $73,000. Evensky & Katz LLC bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter valued at $12,446,000. Farmers & Merchants Investments Inc. acquired a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the third quarter worth $46,000. Finally, SBI Securities Co. Ltd. raised its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.2% during the third quarter. SBI Securities Co. Ltd. now owns 3,652 shares of the ETF’s stock worth $336,000 after acquiring an additional 147 shares in the last quarter.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Performance

Shares of NYSEARCA SPTM opened at $91.44 on Wednesday. The stock has a market cap of $13.99 billion, a PE ratio of 25.00 and a beta of 1.00. The business has a fifty day moving average of $92.79 and a two-hundred day moving average of $88.47. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 52-week low of $76.54 and a 52-week high of $94.61.

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.