Tidemark LLC Decreases Position in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Tidemark LLC cut its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTMFree Report) by 34.5% during the fourth quarter, HoldingsChannel reports. The firm owned 1,787 shares of the company’s stock after selling 941 shares during the quarter. Tidemark LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $128,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SPTM. Hughes Financial Services LLC purchased a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter valued at approximately $106,820,000. Abound Financial LLC purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter worth approximately $19,800,000. Financial Management Professionals Inc. purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter worth approximately $7,401,000. Astor Investment Management LLC raised its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 28.0% in the fourth quarter. Astor Investment Management LLC now owns 318,402 shares of the company’s stock worth $22,743,000 after buying an additional 69,717 shares during the period. Finally, Moloney Securities Asset Management LLC raised its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 327.9% in the fourth 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

Shares of NYSEARCA SPTM opened at $68.42 on Friday. The business’s 50 day moving average price is $72.26 and its 200-day moving average price is $71.50. 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 company has a market cap of $9.31 billion, a price-to-earnings ratio of 23.91 and a beta of 1.02.

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

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SPTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTMFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

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