Financial Management Professionals Inc. Acquires Shares of 103,618 SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Financial Management Professionals Inc. acquired a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 103,618 shares of the company’s stock, valued at approximately $7,401,000. SPDR Portfolio S&P 1500 Composite Stock Market ETF comprises approximately 0.9% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 23rd biggest position. Financial Management Professionals Inc. owned 0.08% of SPDR Portfolio S&P 1500 Composite Stock Market ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPTM. Partnership Wealth Management LLC lifted its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 6.6% in the third quarter. Partnership Wealth Management LLC now owns 4,856 shares of the company’s stock valued at $340,000 after purchasing an additional 300 shares during the last quarter. Arlington Trust Co LLC bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter valued at approximately $568,000. Goodman Financial Corp lifted its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.7% in the third quarter. Goodman Financial Corp now owns 8,583 shares of the company’s stock valued at $601,000 after purchasing an additional 146 shares during the last quarter. L & S Advisors Inc lifted its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 10.9% in the third quarter. L & S Advisors Inc now owns 10,877 shares of the company’s stock valued at $762,000 after purchasing an additional 1,072 shares during the last quarter. Finally, Magnolia Capital Advisors LLC bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the second quarter valued at approximately $910,000.

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

Shares of SPTM stock opened at $72.93 on Friday. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a fifty-two week low of $57.92 and a fifty-two week high of $74.44. The company has a market capitalization of $9.39 billion, a P/E ratio of 25.24 and a beta of 1.00. The stock has a 50 day moving average price of $72.72 and a two-hundred day moving average price of $70.00.

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.