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

Shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) hit a new 52-week high on Tuesday . The stock traded as high as $84.43 and last traded at $84.41, with a volume of 139954 shares trading hands. The stock had previously closed at $84.08.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Up 0.4%

The business’s fifty day moving average price is $82.75 and its 200 day moving average price is $80.47. The firm has a market capitalization of $12.16 billion, a PE ratio of 25.00 and a beta of 1.00.

Institutional Investors Weigh In On SPDR Portfolio S&P 1500 Composite Stock Market ETF

Hedge funds have recently made changes to their positions in the business. Praetorian Wealth Management Inc. increased its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.3% in the fourth quarter. Praetorian Wealth Management Inc. now owns 49,603 shares of the company’s stock valued at $4,092,000 after purchasing an additional 139 shares during the last quarter. Partnership Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 3.0% during the 4th quarter. Partnership Wealth Management LLC now owns 5,422 shares of the company’s stock valued at $447,000 after acquiring an additional 157 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.4% during the 3rd quarter. CoreCap Advisors LLC now owns 8,737 shares of the company’s stock worth $705,000 after acquiring an additional 203 shares during the period. Fisher Asset Management LLC boosted its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.5% in the third quarter. Fisher Asset Management LLC now owns 5,260 shares of the company’s stock worth $424,000 after acquiring an additional 225 shares during the last quarter. Finally, Vigilare Wealth Management grew its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 3.2% in the fourth quarter. Vigilare Wealth Management now owns 7,831 shares of the company’s stock valued at $646,000 after purchasing an additional 241 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.