SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Sees Large Decrease in Short Interest

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 95,426 shares, a drop of 63.1% from the December 31st total of 258,688 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 669,552 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 669,552 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On SPDR Portfolio S&P 1500 Composite Stock Market ETF

Several large investors have recently modified their holdings of the business. Praetorian Wealth Management Inc. grew its stake in shares of 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 worth $4,092,000 after purchasing an additional 139 shares during the last quarter. Partnership Wealth Management LLC lifted its holdings in 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 worth $447,000 after buying an additional 157 shares during the period. CoreCap Advisors LLC grew its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.4% in the 3rd quarter. CoreCap Advisors LLC now owns 8,737 shares of the company’s stock valued at $705,000 after buying an additional 203 shares during the last quarter. Fisher Asset Management LLC increased its stake 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 valued at $424,000 after buying an additional 225 shares during the period. Finally, Vigilare Wealth Management lifted its stake in shares of 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 worth $646,000 after acquiring an additional 241 shares during the period.

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

NYSEARCA:SPTM opened at $84.40 on Wednesday. The stock’s 50-day moving average is $82.84 and its 200-day moving average is $80.54. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 1-year low of $58.60 and a 1-year high of $84.48. The stock has a market cap of $12.15 billion, a P/E ratio of 25.00 and a beta of 1.00.

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.