SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Trading 0.6% Higher – Time to Buy?

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)’s share price was up 0.6% during mid-day trading on Monday . The stock traded as high as $73.08 and last traded at $72.55. Approximately 568,848 shares traded hands during trading, an increase of 2% from the average daily volume of 559,013 shares. The stock had previously closed at $72.15.

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

The firm’s fifty day moving average price is $72.60 and its 200 day moving average price is $69.69. The firm has a market cap of $9.34 billion, a P/E ratio of 25.24 and a beta of 1.00.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Astor Investment Management LLC boosted its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 79.6% during the 3rd quarter. Astor Investment Management LLC now owns 248,685 shares of the company’s stock worth $17,423,000 after acquiring an additional 110,228 shares in the last quarter. Rosenberg Matthew Hamilton grew its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 13.2% in the third quarter. Rosenberg Matthew Hamilton now owns 594,864 shares of the company’s stock valued at $41,676,000 after purchasing an additional 69,515 shares during the period. Beam Wealth Advisors Inc. purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the second quarter valued at approximately $4,354,000. Wealthquest Corp raised its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 5.5% during the 3rd quarter. Wealthquest Corp now owns 1,101,320 shares of the company’s stock worth $76,487,000 after buying an additional 57,128 shares during the period. Finally, BIP Wealth LLC lifted its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 14.4% during the 3rd quarter. BIP Wealth LLC now owns 224,296 shares of the company’s stock valued at $15,718,000 after buying an additional 28,243 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.