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

Fernwood Investment Management LLC cut its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 20.9% in the 4th quarter, HoldingsChannel reports. 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 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Trust Co. NA grew its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 17.3% in the 4th quarter. Private Trust Co. NA now owns 16,117 shares of the company’s stock worth $942,000 after purchasing an additional 2,376 shares in the last quarter. Arkadios Wealth Advisors bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at approximately $760,000. 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 valued at $14,649,000 after acquiring an additional 12,879 shares during the period. Prime Capital Investment Advisors LLC bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at approximately $2,337,000. Finally, TIAA Trust National Association bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at approximately $252,000.

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

Shares of NYSEARCA:SPTM traded up $0.27 during trading on Monday, reaching $62.50. The company had a trading volume of 246,043 shares, compared to its average volume of 530,590. The company has a fifty day moving average of $62.67 and a two-hundred day moving average of $58.71. The stock has a market capitalization of $8.01 billion, a P/E 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 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.