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

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) reached a new 52-week high during trading on Wednesday . The company traded as high as $83.59 and last traded at $83.58, with a volume of 285968 shares. The stock had previously closed at $83.30.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Trading Up 0.3%

The company has a market capitalization of $11.90 billion, a PE ratio of 25.00 and a beta of 1.00. The stock’s fifty day moving average is $81.98 and its two-hundred day moving average is $78.92.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. GGM Financials LLC bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 3rd quarter worth approximately $26,000. Farmers & Merchants Investments Inc. purchased a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the second quarter worth $37,000. Trust Co. of Toledo NA OH bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the second quarter valued at $46,000. Cullen Frost Bankers Inc. purchased a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 2nd quarter valued at $56,000. Finally, Richardson Financial Services Inc. purchased a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 3rd quarter valued at $66,000.

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.