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) hit a new 52-week high on Monday . The company traded as high as $92.11 and last traded at $92.06, with a volume of 401583 shares trading hands. The stock had previously closed at $90.73.

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

The firm has a market capitalization of $13.77 billion, a price-to-earnings ratio of 25.00 and a beta of 1.00. The stock has a 50 day moving average price of $90.49 and a two-hundred day moving average price of $86.24.

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

Institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.7% during the third 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 grew its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.3% in the first quarter. Wealthquest Corp now owns 861,002 shares of the ETF’s stock valued at $68,071,000 after purchasing an additional 19,637 shares in the last quarter. Weitzel Financial Services Inc. grew its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.1% in the first quarter. Weitzel Financial Services Inc. now owns 678,821 shares of the ETF’s stock valued at $54,000,000 after purchasing an additional 7,707 shares in the last quarter. Winch Advisory Services LLC increased its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.0% during the 4th 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 during the period. Finally, GM Advisory Group LLC increased its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.9% during the 1st 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 during the period.

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.