Moloney Securities Asset Management LLC Reduces Stock Holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF $SPTM

Moloney Securities Asset Management LLC cut its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 7.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 195,940 shares of the company’s stock after selling 16,020 shares during the period. SPDR Portfolio S&P 1500 Composite Stock Market ETF comprises about 1.9% of Moloney Securities Asset Management LLC’s holdings, making the stock its 8th biggest position. Moloney Securities Asset Management LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $15,803,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC lifted its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 134.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 10,148 shares of the company’s stock worth $760,000 after buying an additional 5,812 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 2nd quarter valued at $46,000. Rosenberg Matthew Hamilton boosted its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 14.3% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 783,651 shares of the company’s stock valued at $58,688,000 after purchasing an additional 97,961 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV grew its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.4% during the 2nd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 745,693 shares of the company’s stock valued at $55,845,000 after purchasing an additional 2,803 shares during the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 2nd quarter worth $56,000.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Trading Up 2.0%

SPTM stock opened at $84.04 on Friday. The stock has a market capitalization of $12.08 billion, a price-to-earnings ratio of 25.00 and a beta of 1.00. The firm’s 50-day moving average price is $83.28 and its two-hundred day moving average price is $80.91. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 12-month low of $58.60 and a 12-month high of $84.63.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Company 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.