Congress Asset Management Co. Invests $599,000 in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Congress Asset Management Co. purchased a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 8,383 shares of the company’s stock, valued at approximately $599,000.

A number of 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 fourth quarter worth approximately $74,000. Golden State Wealth Management LLC bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter worth $167,000. Hoese & Co LLP bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter worth $194,000. Hunter Associates Investment Management LLC bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at $217,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter worth $310,000.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Up 0.3 %

SPTM stock opened at $74.43 on Wednesday. The company has a market cap of $9.59 billion, a PE ratio of 25.24 and a beta of 1.00. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 52 week low of $60.48 and a 52 week high of $74.49. The business has a 50-day simple moving average of $72.94 and a 200 day simple moving average of $71.01.

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.