BIP Wealth LLC raised its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM – Free Report) by 3.1% during the third quarter, Holdings Channel reports. The fund owned 268,457 shares of the company’s stock after buying an additional 8,090 shares during the period. SPDR Portfolio S&P 1500 Composite Stock Market ETF makes up approximately 0.8% of BIP Wealth LLC’s portfolio, making the stock its 20th largest position. BIP Wealth LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $21,651,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of SPTM. Farmers & Merchants Investments Inc. bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 2nd quarter worth approximately $37,000. Trust Co. of Toledo NA OH purchased a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 2nd quarter valued at $46,000. Cullen Frost Bankers Inc. bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 2nd quarter worth $56,000. Richardson Financial Services Inc. purchased a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 3rd quarter worth about $66,000. Finally, Congress Asset Management Co. purchased a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 3rd quarter worth about $224,000.
SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Up 1.2%
NYSEARCA SPTM opened at $83.29 on Thursday. The company has a market cap of $12.09 billion, a PE ratio of 25.00 and a beta of 1.00. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 52 week low of $58.60 and a 52 week high of $84.43. The firm’s 50-day simple moving average is $82.58 and its two-hundred day simple moving average is $80.27.
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.
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Want to see what other hedge funds are holding SPTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM – Free Report).
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