Evensky & Katz LLC Reduces Stock Position in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Evensky & Katz LLC decreased its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 2.4% during the third quarter, Holdings Channel.com reports. The fund owned 151,975 shares of the company’s stock after selling 3,702 shares during the quarter. SPDR Portfolio S&P 1500 Composite Stock Market ETF accounts for approximately 0.7% of Evensky & Katz LLC’s investment portfolio, making the stock its 20th largest position. Evensky & Katz LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $10,647,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Partnership Wealth Management LLC increased its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 6.6% during the 3rd quarter. Partnership Wealth Management LLC now owns 4,856 shares of the company’s stock valued at $340,000 after purchasing an additional 300 shares during the period. Quent Capital LLC grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 6.3% in the 3rd quarter. Quent Capital LLC now owns 30,671 shares of the company’s stock worth $2,149,000 after buying an additional 1,821 shares during the last quarter. Magnolia Capital Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the second quarter valued at approximately $910,000. Beam Wealth Advisors Inc. bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the second quarter valued at approximately $4,354,000. Finally, Ashton Thomas Private Wealth LLC lifted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.3% in the second quarter. Ashton Thomas Private Wealth LLC now owns 17,031 shares of the company’s stock worth $1,130,000 after acquiring an additional 219 shares during the period.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Up 0.7 %

NYSEARCA:SPTM opened at $70.43 on Thursday. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a twelve month low of $50.13 and a twelve month high of $70.47. The stock has a market cap of $9.07 billion, a P/E ratio of 25.24 and a beta of 1.00. The firm’s fifty day simple moving average is $67.92 and its 200 day simple moving average is $65.95.

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.