SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Short Interest Update

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 178,676 shares, a drop of 38.8% from the August 15th total of 291,777 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 539,516 shares, the days-to-cover ratio is presently 0.3 days.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Trading Down 0.2%

Shares of NYSEARCA SPTM traded down $0.15 during mid-day trading on Friday, reaching $92.15. The company had a trading volume of 201,514 shares, compared to its average volume of 743,679. The company has a 50-day moving average price of $92.21 and a two-hundred day moving average price of $88.47. The stock has a market cap of $13.84 billion, a PE ratio of 25.00 and a beta of 1.00. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 1-year low of $76.54 and a 1-year high of $94.61.

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

Several institutional investors and hedge funds have recently bought and sold shares of SPTM. Wealthquest Corp lifted its stake in 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 worth $68,071,000 after acquiring an additional 19,637 shares in the last quarter. Weitzel Financial Services Inc. grew its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.8% during the 2nd quarter. Weitzel Financial Services Inc. now owns 684,063 shares of the ETF’s stock valued at $61,750,000 after acquiring an additional 5,242 shares in the last quarter. GM Advisory Group LLC increased its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.9% in the 1st quarter. GM Advisory Group LLC now owns 482,264 shares of the ETF’s stock valued at $38,128,000 after purchasing an additional 4,438 shares during the period. RVW Wealth LLC lifted its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.5% in the second quarter. RVW Wealth LLC now owns 304,009 shares of the ETF’s stock worth $27,601,000 after purchasing an additional 1,540 shares in the last quarter. Finally, Zhang Financial LLC lifted its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 7.4% in the first quarter. Zhang Financial LLC now owns 283,279 shares of the ETF’s stock worth $22,396,000 after purchasing an additional 19,586 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.