SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Reaches New 52-Week High – Time to Buy?

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTMGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $84.63 and last traded at $84.59, with a volume of 365545 shares trading hands. The stock had previously closed at $84.04.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Trading Up 0.5%

The company has a market capitalization of $12.14 billion, a P/E ratio of 25.00 and a beta of 1.00. The company has a 50 day moving average price of $83.28 and a 200 day moving average price of $80.97.

Institutional Trading of SPDR Portfolio S&P 1500 Composite Stock Market ETF

A number of hedge funds have recently modified their holdings of SPTM. GGM Financials LLC acquired a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 3rd quarter valued at about $26,000. Trust Co. of Toledo NA OH bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the second quarter worth approximately $46,000. Cullen Frost Bankers Inc. bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the second quarter worth approximately $56,000. Crews Bank & Trust grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 478.9% in the fourth quarter. Crews Bank & Trust now owns 712 shares of the company’s stock valued at $59,000 after purchasing an additional 589 shares during the last quarter. Finally, Richardson Financial Services Inc. bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the third quarter worth approximately $66,000.

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.

Further Reading

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