Sherman Asset Management Inc. Invests $141,000 in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Sherman Asset Management Inc. bought a new position 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 Securities and Exchange Commission. The firm bought 1,973 shares of the company’s stock, valued at approximately $141,000.

Several other hedge funds also recently made changes to their positions in the company. Goodman Financial Corp grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.7% in the 3rd quarter. Goodman Financial Corp now owns 8,583 shares of the company’s stock worth $601,000 after acquiring an additional 146 shares in the last quarter. Quent Capital LLC grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.7% in the 4th quarter. Quent Capital LLC now owns 30,894 shares of the company’s stock worth $2,207,000 after acquiring an additional 223 shares in the last quarter. Praetorian Wealth Management Inc. grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.5% in the 4th quarter. Praetorian Wealth Management Inc. now owns 54,690 shares of the company’s stock worth $3,907,000 after acquiring an additional 275 shares in the last quarter. Westside Investment Management Inc. grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 3.1% in the 4th quarter. Westside Investment Management Inc. now owns 28,783 shares of the company’s stock worth $2,056,000 after acquiring an additional 877 shares in the last quarter. Finally, Compass Financial Services Inc acquired a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth approximately $74,000.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Trading Up 1.5 %

Shares of SPTM opened at $72.25 on Friday. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 52 week low of $60.52 and a 52 week high of $74.64. The firm has a market cap of $9.82 billion, a price-to-earnings ratio of 26.04 and a beta of 1.02. The stock has a 50 day moving average of $72.89 and a 200-day moving average of $71.42.

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.