Hughes Financial Services LLC cut its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM – Free Report) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,608,865 shares of the company’s stock after selling 21,571 shares during the quarter. SPDR Portfolio S&P 1500 Composite Stock Market ETF makes up about 20.8% of Hughes Financial Services LLC’s portfolio, making the stock its largest position. Hughes Financial Services LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $132,731,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Praetorian Wealth Management Inc. boosted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.3% during the fourth quarter. Praetorian Wealth Management Inc. now owns 49,603 shares of the company’s stock worth $4,092,000 after acquiring an additional 139 shares in the last quarter. Partnership Wealth Management LLC boosted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 3.0% during the fourth quarter. Partnership Wealth Management LLC now owns 5,422 shares of the company’s stock worth $447,000 after acquiring an additional 157 shares in the last quarter. Fisher Asset Management LLC boosted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.5% during the third quarter. Fisher Asset Management LLC now owns 5,260 shares of the company’s stock worth $424,000 after acquiring an additional 225 shares in the last quarter. Vigilare Wealth Management boosted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 3.2% during the fourth quarter. Vigilare Wealth Management now owns 7,831 shares of the company’s stock worth $646,000 after acquiring an additional 241 shares in the last quarter. Finally, GGM Financials LLC bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the third quarter worth $26,000.
SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Down 1.6%
Shares of NYSEARCA SPTM opened at $88.10 on Thursday. The firm has a market cap of $13.17 billion, a PE ratio of 25.00 and a beta of 1.00. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 12-month low of $71.78 and a 12-month high of $92.11. The company’s fifty day simple moving average is $87.19 and its 200 day simple moving average is $84.24.
SPDR Portfolio S&P 1500 Composite Stock Market ETF Company Profile
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.
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