Zhang Financial LLC Buys 47,941 Shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Zhang Financial LLC grew its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 235.9% in the fourth quarter, HoldingsChannel reports. The fund owned 68,264 shares of the company’s stock after acquiring an additional 47,941 shares during the period. Zhang Financial LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $3,990,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Rosenberg Matthew Hamilton raised its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.6% in the fourth quarter. Rosenberg Matthew Hamilton now owns 567,734 shares of the company’s stock worth $33,184,000 after acquiring an additional 14,527 shares during the last quarter. Winch Advisory Services LLC grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.3% during the 4th quarter. Winch Advisory Services LLC now owns 526,350 shares of the company’s stock worth $30,765,000 after buying an additional 21,915 shares during the period. Blueprint Investment Partners LLC grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 47.3% during the 2nd quarter. Blueprint Investment Partners LLC now owns 522,072 shares of the company’s stock worth $28,422,000 after buying an additional 167,667 shares during the period. Great Lakes Advisors LLC grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.8% during the 3rd quarter. Great Lakes Advisors LLC now owns 279,079 shares of the company’s stock worth $14,649,000 after buying an additional 12,879 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 312.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 267,442 shares of the company’s stock worth $14,560,000 after buying an additional 202,665 shares during the period.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Down 0.6 %

NYSEARCA SPTM traded down $0.37 during trading on Friday, reaching $60.80. 242,621 shares of the stock traded hands, compared to its average volume of 539,124. The firm has a market cap of $7.78 billion, a price-to-earnings ratio of 24.34 and a beta of 1.01. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a fifty-two week low of $49.63 and a fifty-two week high of $64.33. The stock’s 50-day moving average price is $62.61 and its 200 day moving average price is $58.32.

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.