IAG Wealth Partners LLC Reduces Stock Position in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

IAG Wealth Partners LLC cut its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 166,176 shares of the company’s stock after selling 7,874 shares during the quarter. SPDR Portfolio S&P 1500 Composite Stock Market ETF makes up approximately 2.1% of IAG Wealth Partners LLC’s holdings, making the stock its 17th largest holding. IAG Wealth Partners LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $11,870,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Farther Finance Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1,557.1% in the 4th quarter. Farther Finance Advisors LLC now owns 464 shares of the company’s stock valued at $33,000 after acquiring an additional 436 shares during the last quarter. EverSource Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter valued at approximately $48,000. Compass Financial Services Inc bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter valued at approximately $74,000. Sherman Asset Management Inc. bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter valued at approximately $141,000. Finally, Golden State Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter valued at approximately $167,000.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Trading Up 0.5 %

Shares of NYSEARCA SPTM opened at $67.97 on Thursday. 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 company has a market capitalization of $9.25 billion, a price-to-earnings ratio of 23.91 and a beta of 1.02. The business has a 50 day simple moving average of $72.49 and a 200-day simple moving average of $71.53.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Company 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.