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

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $92.11 and last traded at $92.06, with a volume of 401583 shares traded. The stock had previously closed at $90.73.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Up 1.4%

The business has a 50-day moving average price of $90.49 and a two-hundred day moving average price of $86.24. The firm has a market cap of $13.77 billion, a PE ratio of 25.00 and a beta of 1.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Ameriprise Financial Inc. increased its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,411,187 shares of the ETF’s stock worth $113,815,000 after purchasing an additional 36,760 shares during the period. Wealthquest Corp boosted its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.3% in the 1st quarter. Wealthquest Corp now owns 861,002 shares of the ETF’s stock valued at $68,071,000 after buying an additional 19,637 shares during the period. Weitzel Financial Services Inc. grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.1% during the first quarter. Weitzel Financial Services Inc. now owns 678,821 shares of the ETF’s stock worth $54,000,000 after buying an additional 7,707 shares in the last quarter. Winch Advisory Services LLC grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.0% during the fourth quarter. Winch Advisory Services LLC now owns 596,924 shares of the ETF’s stock worth $49,246,000 after buying an additional 11,505 shares in the last quarter. Finally, GM Advisory Group LLC grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.9% during the first quarter. GM Advisory Group LLC now owns 482,264 shares of the ETF’s stock worth $38,128,000 after buying an additional 4,438 shares in the last quarter.

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.