Sherman Asset Management Inc. Buys Shares of 1,973 SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Sherman Asset Management Inc. bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) during the fourth quarter, Holdings Channel reports. The institutional investor bought 1,973 shares of the company’s stock, valued at approximately $141,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Compass Financial Services Inc purchased a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter valued at about $74,000. Golden State Wealth Management LLC purchased a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter valued at about $167,000. Hoese & Co LLP acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter worth about $194,000. Hunter Associates Investment Management LLC acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter worth about $217,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter worth about $310,000.

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

Shares of NYSEARCA:SPTM opened at $72.25 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 business has a 50-day moving average of $72.89 and a two-hundred day moving average of $71.42. The stock has a market capitalization of $9.82 billion, a P/E ratio of 26.04 and a beta of 1.02.

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.