Winthrop Advisory Group LLC Sells 431,628 Shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Winthrop Advisory Group LLC lessened its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 93.0% during the first quarter, Holdings Channel.com reports. The fund owned 32,709 shares of the company’s stock after selling 431,628 shares during the period. Winthrop Advisory Group LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $2,098,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SPTM. Global Wealth Strategies & Associates bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 1st quarter valued at $28,000. Provence Wealth Management Group acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at $45,000. Planned Solutions Inc. acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at $66,000. Cullen Frost Bankers Inc. acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at $99,000. Finally, NBC Securities Inc. boosted its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 5.8% during the 4th quarter. NBC Securities Inc. now owns 3,636 shares of the company’s stock valued at $212,000 after acquiring an additional 200 shares in the last quarter.

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

Shares of NYSEARCA SPTM traded down $0.23 during mid-day trading on Friday, hitting $66.35. 438,450 shares of the stock traded hands, compared to its average volume of 455,539. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a twelve month low of $50.13 and a twelve month high of $67.04. The company has a market cap of $8.55 billion, a PE ratio of 25.24 and a beta of 1.00. The firm has a 50 day simple moving average of $64.50 and a two-hundred day simple moving average of $62.14.

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.