SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Sets New 12-Month High – Time to Buy?

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTMGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $89.82 and last traded at $89.60, with a volume of 752109 shares changing hands. The stock had previously closed at $89.46.

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

The firm has a market capitalization of $13.43 billion, a PE ratio of 25.00 and a beta of 1.00. The stock has a 50-day moving average price of $83.28 and a 200-day moving average price of $83.01.

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

Hedge funds have recently bought and sold shares of the company. GGM Financials LLC acquired a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter worth about $26,000. Ascentis Independent Advisors acquired a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the first quarter valued at approximately $28,000. Crews Bank & Trust boosted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 478.9% in the fourth quarter. Crews Bank & Trust now owns 712 shares of the company’s stock valued at $59,000 after acquiring an additional 589 shares during the period. Richardson Financial Services Inc. acquired a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter valued at approximately $66,000. Finally, Archer Investment Corp acquired a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the first quarter valued at approximately $67,000.

About SPDR Portfolio S&P 1500 Composite Stock Market ETF

(Get Free Report)

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.

Further Reading

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