FSA Wealth Management LLC Takes Position in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

FSA Wealth Management LLC bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 20,833 shares of the company’s stock, valued at approximately $1,460,000. SPDR Portfolio S&P 1500 Composite Stock Market ETF accounts for 0.6% of FSA Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPTM. Goodman Financial Corp lifted its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.7% during the 3rd quarter. Goodman Financial Corp now owns 8,583 shares of the company’s stock worth $601,000 after purchasing an additional 146 shares during the last quarter. Ashton Thomas Private Wealth LLC raised 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 valued at $1,130,000 after buying an additional 219 shares in the last quarter. Greenleaf Trust lifted its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.4% during the 3rd quarter. Greenleaf Trust now owns 57,981 shares of the company’s stock worth $4,062,000 after buying an additional 224 shares during the last quarter. Partnership Wealth Management LLC lifted 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 worth $340,000 after buying an additional 300 shares during the last quarter. Finally, 1620 Investment Advisors Inc. acquired a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 2nd quarter worth about $33,000.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Performance

Shares of NYSEARCA SPTM opened at $73.75 on Friday. The stock’s 50-day simple moving average is $71.20 and its 200-day simple moving average is $68.22. The firm has a market capitalization of $9.50 billion, a PE ratio of 25.24 and a beta of 1.00. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a fifty-two week low of $55.53 and a fifty-two week high of $73.88.

About SPDR Portfolio S&P 1500 Composite Stock Market ETF

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.