Praetorian Wealth Management Inc. Lowers Holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF $SPTM

Praetorian Wealth Management Inc. lowered its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 11.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,914 shares of the ETF’s stock after selling 5,510 shares during the quarter. SPDR Portfolio S&P 1500 Composite Stock Market ETF accounts for 0.7% of Praetorian Wealth Management Inc.’s holdings, making the stock its 29th largest holding. Praetorian Wealth Management Inc.’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $3,805,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Ascentis Independent Advisors purchased a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 1st quarter valued at about $28,000. Archer Investment Corp purchased a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the first quarter worth about $67,000. TD Private Client Wealth LLC purchased a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter worth about $72,000. Atala Financial Inc acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter valued at about $141,000. Finally, Sankala Group LLC acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter valued at about $157,000.

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

SPDR Portfolio S&P 1500 Composite Stock Market ETF stock opened at $93.26 on Friday. The company’s 50 day simple moving average is $90.66 and its 200-day simple moving average is $86.49. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 1 year low of $76.18 and a 1 year high of $94.30. The company has a market capitalization of $13.95 billion, a price-to-earnings ratio of 25.00 and a beta of 1.00.

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.