Abound Financial LLC Buys New Holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Abound Financial LLC bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 277,191 shares of the company’s stock, valued at approximately $19,800,000. SPDR Portfolio S&P 1500 Composite Stock Market ETF accounts for 10.0% of Abound Financial LLC’s portfolio, making the stock its 3rd biggest holding.

Several other institutional investors also recently bought and sold shares of the stock. L.M. Kohn & Company boosted its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 22.8% during the 4th quarter. L.M. Kohn & Company now owns 18,192 shares of the company’s stock valued at $1,299,000 after acquiring an additional 3,376 shares during the period. Congress Asset Management Co. purchased a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth approximately $599,000. Quent Capital LLC lifted its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.7% in the 4th quarter. Quent Capital LLC now owns 30,894 shares of the company’s stock worth $2,207,000 after buying an additional 223 shares during the period. Compass Financial Services Inc purchased a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth approximately $74,000. Finally, Moloney Securities Asset Management LLC lifted its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 327.9% in the 4th quarter. Moloney Securities Asset Management LLC now owns 79,729 shares of the company’s stock worth $5,695,000 after buying an additional 61,096 shares during the period.

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

NYSEARCA SPTM opened at $72.94 on Friday. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a fifty-two week low of $60.52 and a fifty-two week high of $74.64. The stock has a 50 day simple moving average of $72.94 and a two-hundred day simple moving average of $71.17. The stock has a market cap of $9.91 billion, a P/E ratio of 26.04 and a beta of 1.02.

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.