SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Reaches New 52-Week High – Here’s What Happened

Shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) hit a new 52-week high on Wednesday . The company traded as high as $88.03 and last traded at $87.86, with a volume of 464209 shares traded. The stock had previously closed at $87.14.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Trading Up 0.8%

The firm has a market cap of $13.13 billion, a P/E ratio of 25.00 and a beta of 1.00. The business has a 50-day moving average of $82.59 and a two-hundred day moving average of $82.65.

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 bought and sold shares of the company. Praetorian Wealth Management Inc. grew its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 0.3% during the 4th quarter. Praetorian Wealth Management Inc. now owns 49,603 shares of the company’s stock worth $4,092,000 after acquiring an additional 139 shares during the last quarter. Partnership Wealth Management LLC grew its position 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 acquiring an additional 157 shares during the last quarter. CoreCap Advisors LLC grew its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.4% during the 3rd quarter. CoreCap Advisors LLC now owns 8,737 shares of the company’s stock worth $705,000 after acquiring an additional 203 shares during the last quarter. Fisher Asset Management LLC grew its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.5% during the 3rd quarter. Fisher Asset Management LLC now owns 5,260 shares of the company’s stock worth $424,000 after acquiring an additional 225 shares during the last quarter. Finally, Vigilare Wealth Management grew its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 3.2% during the 4th 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 last quarter.

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.