Strategic Investment Advisors MI Buys 101,418 Shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF $SPTM

Strategic Investment Advisors MI lifted its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 171.6% during the 1st quarter, Holdings Channel reports. The firm owned 160,522 shares of the ETF’s stock after acquiring an additional 101,418 shares during the period. SPDR Portfolio S&P 1500 Composite Stock Market ETF comprises about 0.9% of Strategic Investment Advisors MI’s holdings, making the stock its 26th biggest holding. Strategic Investment Advisors MI’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $12,697,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ascentis Independent Advisors purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 1st quarter worth about $28,000. Crews Bank & Trust grew its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 478.9% in the 4th quarter. Crews Bank & Trust now owns 712 shares of the ETF’s stock worth $59,000 after buying an additional 589 shares during the last quarter. Archer Investment Corp bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the first quarter valued at $67,000. TD Private Client Wealth LLC bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at about $72,000. Finally, Atala Financial Inc purchased a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth approximately $141,000.

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

Shares of NYSEARCA:SPTM opened at $88.69 on Thursday. The business has a 50-day simple moving average of $90.47 and a two-hundred day simple moving average of $86.15. The firm has a market cap of $13.28 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 $75.02 and a fifty-two week high of $92.11.

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.