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 recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 626,705 shares, an increase of 250.7% from the August 31st total of 178,676 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 414,269 shares, the short-interest ratio is presently 1.5 days.

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

Shares of SPTM stock traded up $0.48 during trading hours on Friday, hitting $93.19. The stock had a trading volume of 419,689 shares, compared to its average volume of 735,755. The stock has a market capitalization of $14.20 billion, a price-to-earnings ratio of 25.00 and a beta of 1.00. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a one year low of $76.54 and a one year high of $94.61. The stock’s 50-day moving average price is $92.43 and its two-hundred day moving average price is $88.86.

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

A number of large investors have recently added to or reduced their stakes in the company. DMC Group LLC purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 2nd quarter worth approximately $238,000. Highland Investment Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the second quarter valued at $188,000. Weitzel Financial Services Inc. increased its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.8% in the second quarter. Weitzel Financial Services Inc. now owns 684,063 shares of the ETF’s stock worth $61,750,000 after purchasing an additional 5,242 shares during the last quarter. Blue Edge Capital LLC bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the second quarter worth $1,514,000. Finally, Dagco Inc. raised its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.2% during the second quarter. Dagco Inc. now owns 51,634 shares of the ETF’s stock valued at $4,688,000 after purchasing an additional 2,085 shares in the last quarter.

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.