Abound Financial LLC Acquires Shares of 277,191 SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Abound Financial LLC acquired a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 277,191 shares of the company’s stock, valued at approximately $19,800,000. SPDR Portfolio S&P 1500 Composite Stock Market ETF comprises 10.0% of Abound Financial LLC’s holdings, making the stock its 3rd largest position. Abound Financial LLC owned 0.22% of SPDR Portfolio S&P 1500 Composite Stock Market ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Compass Financial Services Inc bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at approximately $74,000. Golden State Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at approximately $167,000. Hoese & Co LLP bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at approximately $194,000. Hunter Associates Investment Management LLC bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at approximately $217,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at approximately $310,000.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Down 1.7 %

SPDR Portfolio S&P 1500 Composite Stock Market ETF stock opened at $72.94 on Friday. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a twelve month low of $60.52 and a twelve month high of $74.64. The firm has a 50 day moving average price of $72.94 and a 200-day moving average price of $71.17. The company has a market capitalization of $9.91 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.