Exchange Capital Management Inc. Increases Stock Holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Exchange Capital Management Inc. lifted its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 8.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 69,422 shares of the company’s stock after buying an additional 5,574 shares during the period. Exchange Capital Management Inc.’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $4,453,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Private Trust Co. NA boosted its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 17.3% in the fourth quarter. Private Trust Co. NA now owns 16,117 shares of the company’s stock worth $942,000 after purchasing an additional 2,376 shares during the last quarter. Wall Capital Group Inc. raised its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 5.3% in the fourth quarter. Wall Capital Group Inc. now owns 173,751 shares of the company’s stock valued at $10,156,000 after buying an additional 8,821 shares during the period. Provence Wealth Management Group bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter valued at $45,000. Orca Investment Management LLC raised its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1,240.5% in the fourth quarter. Orca Investment Management LLC now owns 65,657 shares of the company’s stock valued at $3,838,000 after buying an additional 60,759 shares during the period. Finally, Arkadios Wealth Advisors bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter valued at $760,000.

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

Shares of SPTM traded up $0.30 during mid-day trading on Tuesday, hitting $66.71. The stock had a trading volume of 250,402 shares, compared to its average volume of 452,885. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 52 week low of $50.13 and a 52 week high of $67.04. The firm has a market cap of $8.59 billion, a P/E ratio of 25.24 and a beta of 1.00. The business has a fifty day moving average price of $64.61 and a 200-day moving average price of $62.23.

SPDR Portfolio S&P 1500 Composite Stock Market ETF 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.