SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Hits New 12-Month High – Should You Buy?

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTMGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $71.51 and last traded at $71.40, with a volume of 9540 shares traded. The stock had previously closed at $71.15.

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

The firm has a market cap of $9.18 billion, a price-to-earnings ratio of 25.24 and a beta of 1.00. The business’s 50 day moving average price is $68.56 and its 200 day moving average price is $66.19.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC lifted its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.3% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 17,031 shares of the company’s stock valued at $1,130,000 after purchasing an additional 219 shares in the last quarter. Partnership Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 6.6% during the 3rd quarter. Partnership Wealth Management LLC now owns 4,856 shares of the company’s stock worth $340,000 after acquiring an additional 300 shares during the period. Isthmus Partners LLC raised its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.4% during the 1st quarter. Isthmus Partners LLC now owns 76,816 shares of the company’s stock worth $4,928,000 after acquiring an additional 317 shares during the period. 1620 Investment Advisors Inc. purchased a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 2nd quarter worth $33,000. Finally, Quent Capital LLC raised its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.6% during the 2nd quarter. Quent Capital LLC now owns 28,850 shares of the company’s stock worth $1,914,000 after acquiring an additional 1,278 shares during the period.

About SPDR Portfolio S&P 1500 Composite Stock Market ETF

(Get Free Report)

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.

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