Short Interest in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Rises By 21.4%

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 256,458 shares, a growth of 21.4% from the March 31st total of 211,267 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 849,660 shares, the days-to-cover ratio is presently 0.3 days.

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

SPTM opened at $87.46 on Friday. The stock has a market capitalization of $13.07 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 $67.57 and a 1-year high of $87.99. The firm has a 50-day moving average price of $82.51 and a two-hundred day moving average price of $82.56.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GGM Financials LLC acquired a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 3rd quarter valued at about $26,000. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 1st quarter worth approximately $28,000. Crews Bank & Trust grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 478.9% during the 4th quarter. Crews Bank & Trust now owns 712 shares of the company’s stock worth $59,000 after buying an additional 589 shares during the period. Richardson Financial Services Inc. acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 3rd quarter worth approximately $66,000. Finally, TD Private Client Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter worth approximately $72,000.

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.