Fernwood Investment Management LLC Sells 7,765 Shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Posted by Eileen French on Apr 29th, 2024

Fernwood Investment Management LLC lowered its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM – Free Report) by 20.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,424 shares of the company’s stock after selling 7,765 shares during the period. Fernwood Investment Management LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $1,720,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SPTM. Covestor Ltd bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter valued at approximately $44,000. Planned Solutions Inc. bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth approximately $66,000. NBC Securities Inc. bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 3rd quarter worth approximately $180,000. Keystone Financial Group bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 3rd quarter worth approximately $246,000. Finally, TIAA Trust National Association bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth approximately $252,000.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Up 0.4 %

SPTM stock traded up $0.27 during trading on Monday, hitting $62.50. The company had a trading volume of 246,043 shares, compared to its average volume of 530,590. The firm has a 50-day moving average price of $62.67 and a 200-day moving average price of $58.71. The stock has a market cap of $8.01 billion, a price-to-earnings ratio of 24.23 and a beta of 1.01. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 12 month low of $49.63 and a 12 month high of $64.33.

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.