SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Hits New 12-Month High at $65.53

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $65.53 and last traded at $65.50, with a volume of 224009 shares traded. The stock had previously closed at $65.39.

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

The company has a market capitalization of $8.44 billion, a PE ratio of 25.24 and a beta of 1.00. The business has a 50-day moving average of $63.44 and a 200 day moving average of $61.09.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Comerica Bank raised its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 47.2% during the first quarter. Comerica Bank now owns 6,916 shares of the company’s stock valued at $444,000 after purchasing an additional 2,219 shares during the period. Blue Edge Capital LLC raised its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 11.7% during the first quarter. Blue Edge Capital LLC now owns 17,894 shares of the company’s stock valued at $1,148,000 after purchasing an additional 1,881 shares during the period. Isthmus Partners LLC raised its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.4% during the first quarter. Isthmus Partners LLC now owns 76,816 shares of the company’s stock valued at $4,928,000 after purchasing an additional 317 shares during the period. Graypoint LLC raised its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 18.9% during the first quarter. Graypoint LLC now owns 46,862 shares of the company’s stock valued at $3,006,000 after purchasing an additional 7,460 shares during the period. Finally, Hunter Associates Investment Management LLC purchased a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the first quarter valued at approximately $229,000.

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.