Financial Management Professionals Inc. Invests $11.20 Million in SPDR Portfolio S&P 1500 Composite Stock Market ETF $SPTM

Financial Management Professionals Inc. bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 123,385 shares of the ETF’s stock, valued at approximately $11,202,000. SPDR Portfolio S&P 1500 Composite Stock Market ETF accounts for about 1.1% of Financial Management Professionals Inc.’s portfolio, making the stock its 20th largest holding.

Other large investors have also added to or reduced their stakes in the company. Ascentis Independent Advisors acquired a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 1st quarter valued at $28,000. Archer Investment Corp bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 1st quarter worth about $67,000. TD Private Client Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter worth about $72,000. Atala Financial Inc acquired a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter worth about $141,000. Finally, Sankala Group LLC bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter valued at about $157,000.

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

Shares of NYSEARCA SPTM opened at $93.84 on Tuesday. The business has a 50-day moving average of $90.75 and a 200-day moving average of $86.64. The stock has a market capitalization of $14.04 billion, a price-to-earnings ratio of 25.00 and a beta of 1.00. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a fifty-two week low of $76.54 and a fifty-two week high of $94.30.

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.