SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Hits New 1-Year High – Here’s What Happened

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $80.20 and last traded at $79.96, with a volume of 440737 shares traded. The stock had previously closed at $80.08.

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

The business has a fifty day moving average price of $77.44 and a 200 day moving average price of $72.28. The company has a market capitalization of $11.23 billion, a price-to-earnings ratio of 25.00 and a beta of 1.01.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Farmers & Merchants Investments Inc. bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the second quarter valued at approximately $37,000. Trust Co. of Toledo NA OH acquired a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the second quarter worth approximately $46,000. Cullen Frost Bankers Inc. bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 2nd quarter valued at $56,000. Burkett Financial Services LLC acquired a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 1st quarter valued at $60,000. Finally, Mascagni Wealth Management Inc. acquired a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter valued at $81,000.

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.