SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Hits New 52-Week High – Here’s What Happened

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 Monday . The stock traded as high as $73.91 and last traded at $73.91, with a volume of 116151 shares changing hands. The stock had previously closed at $73.75.

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

The business’s 50 day simple moving average is $71.20 and its 200-day simple moving average is $68.27. The stock has a market capitalization of $9.52 billion, a P/E ratio of 25.24 and a beta of 1.00.

Hedge Funds Weigh In On SPDR Portfolio S&P 1500 Composite Stock Market ETF

A number of institutional investors have recently bought and sold shares of SPTM. Goodman Financial Corp increased its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.7% during the 3rd quarter. Goodman Financial Corp now owns 8,583 shares of the company’s stock worth $601,000 after acquiring an additional 146 shares during the period. Ashton Thomas Private Wealth LLC raised its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.3% in the second 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. Greenleaf Trust grew its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.4% during the third quarter. Greenleaf Trust now owns 57,981 shares of the company’s stock worth $4,062,000 after buying an additional 224 shares in the last quarter. Partnership Wealth Management LLC grew its stake in 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 buying an additional 300 shares in the last quarter. Finally, 1620 Investment Advisors Inc. acquired a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 2nd quarter valued at approximately $33,000.

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.