SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Reaches New 1-Year High – What’s Next?

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $74.49 and last traded at $74.41, with a volume of 44369 shares traded. The stock had previously closed at $74.37.

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

The business’s 50 day moving average is $72.83 and its 200 day moving average is $70.22. The stock has a market cap of $9.55 billion, a price-to-earnings ratio of 25.24 and a beta of 1.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SPTM. Astor Investment Management LLC raised its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 79.6% during the 3rd quarter. Astor Investment Management LLC now owns 248,685 shares of the company’s stock valued at $17,423,000 after buying an additional 110,228 shares during the period. Financial Management Professionals Inc. purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter valued at approximately $7,401,000. Rosenberg Matthew Hamilton raised its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 13.2% during the third quarter. Rosenberg Matthew Hamilton now owns 594,864 shares of the company’s stock valued at $41,676,000 after purchasing an additional 69,515 shares during the period. Wealthquest Corp lifted its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 5.5% during the third quarter. Wealthquest Corp now owns 1,101,320 shares of the company’s stock worth $76,487,000 after purchasing an additional 57,128 shares in the last quarter. Finally, BIP Wealth LLC boosted its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 14.4% in the third quarter. BIP Wealth LLC now owns 224,296 shares of the company’s stock valued at $15,718,000 after purchasing an additional 28,243 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.