SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Hits New 1-Year High – Should You Buy?

Shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) reached a new 52-week high during trading on Wednesday . The company traded as high as $72.12 and last traded at $72.12, with a volume of 21580 shares. The stock had previously closed at $70.47.

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

The stock has a market cap of $9.32 billion, a P/E ratio of 25.24 and a beta of 1.00. The business’s fifty day moving average price is $69.50 and its 200 day moving average price is $67.00.

Institutional Trading of SPDR Portfolio S&P 1500 Composite Stock Market ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. 1620 Investment Advisors Inc. acquired a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 2nd quarter worth about $33,000. Partnership Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 6.6% during the third quarter. Partnership Wealth Management LLC now owns 4,856 shares of the company’s stock worth $340,000 after purchasing an additional 300 shares during the last quarter. Comerica Bank increased its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 47.2% in the first quarter. Comerica Bank now owns 6,916 shares of the company’s stock valued at $444,000 after buying an additional 2,219 shares during the period. TIAA Trust National Association raised its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 67.0% in the 2nd quarter. TIAA Trust National Association now owns 7,208 shares of the company’s stock valued at $478,000 after buying an additional 2,893 shares during the last quarter. Finally, Arlington Trust Co LLC bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 3rd quarter worth approximately $568,000.

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.