Orca Investment Management LLC Has $3.84 Million Position in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)

Orca Investment Management LLC lifted its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) by 1,240.5% in the 4th quarter, Holdings Channel reports. The fund owned 65,657 shares of the company’s stock after buying an additional 60,759 shares during the quarter. SPDR Portfolio S&P 1500 Composite Stock Market ETF accounts for approximately 3.7% of Orca Investment Management LLC’s holdings, making the stock its 5th largest position. Orca Investment Management LLC’s holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF were worth $3,838,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Private Trust Co. NA grew its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 17.3% during the 4th quarter. Private Trust Co. NA now owns 16,117 shares of the company’s stock worth $942,000 after acquiring an additional 2,376 shares during the period. Arkadios Wealth Advisors bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth about $760,000. Great Lakes Advisors LLC boosted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.8% in the 3rd quarter. Great Lakes Advisors LLC now owns 279,079 shares of the company’s stock worth $14,649,000 after purchasing an additional 12,879 shares during the period. Prime Capital Investment Advisors LLC bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth about $2,337,000. Finally, TIAA Trust National Association bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth about $252,000.

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

NYSEARCA SPTM traded up $0.19 during trading hours on Monday, hitting $62.42. The company had a trading volume of 233,767 shares, compared to its average volume of 530,218. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 52 week low of $49.63 and a 52 week high of $64.33. The firm has a 50 day simple moving average of $62.67 and a 200 day simple moving average of $58.71. The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 24.23 and a beta of 1.01.

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.