SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Sets New 12-Month High – Here’s Why

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $74.49 and last traded at $74.49, with a volume of 161846 shares trading hands. The stock had previously closed at $74.43.

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

The stock has a market capitalization of $9.39 billion, a P/E ratio of 25.24 and a beta of 1.00. The firm has a 50-day simple moving average of $72.94 and a 200 day simple moving average of $71.12.

Institutional Investors Weigh In On SPDR Portfolio S&P 1500 Composite Stock Market ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. FSA Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter valued at about $1,460,000. Janney Montgomery Scott LLC acquired a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter worth approximately $310,000. Astor Investment Management LLC grew its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 79.6% during the third quarter. Astor Investment Management LLC now owns 248,685 shares of the company’s stock worth $17,423,000 after purchasing an additional 110,228 shares during the period. L & S Advisors Inc grew its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 10.9% during the third quarter. L & S Advisors Inc now owns 10,877 shares of the company’s stock worth $762,000 after purchasing an additional 1,072 shares during the period. Finally, Westside Investment Management Inc. grew its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 3.1% during the fourth quarter. Westside Investment Management Inc. now owns 28,783 shares of the company’s stock worth $2,056,000 after purchasing an additional 877 shares during the period.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Company 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.