SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Short Interest Down 46.2% in December

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 94,701 shares, a drop of 46.2% from the November 30th total of 175,996 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 946,498 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 946,498 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

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

SPTM opened at $83.57 on Friday. The firm has a fifty day moving average price of $82.04 and a 200 day moving average price of $79.00. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 1 year low of $58.60 and a 1 year high of $83.71. The stock has a market cap of $11.90 billion, a P/E ratio of 25.00 and a beta of 1.00.

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

Hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 7.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 288,606 shares of the company’s stock valued at $21,614,000 after buying an additional 20,320 shares in the last quarter. Western Wealth Management LLC increased its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 3.3% during the 2nd quarter. Western Wealth Management LLC now owns 126,033 shares of the company’s stock worth $9,439,000 after buying an additional 4,066 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the second quarter valued at approximately $56,000. Hughes Financial Services LLC lifted its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 8.7% in the second quarter. Hughes Financial Services LLC now owns 1,610,303 shares of the company’s stock valued at $123,365,000 after acquiring an additional 128,549 shares in the last quarter. Finally, Isthmus Partners LLC boosted its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.4% in the second quarter. Isthmus Partners LLC now owns 82,977 shares of the company’s stock worth $6,214,000 after acquiring an additional 3,469 shares during the last quarter.

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.