SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Short Interest Down 43.1% in August

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 291,777 shares, a decrease of 43.1% from the July 30th total of 513,146 shares. Based on an average daily trading volume, of 418,668 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On SPDR Portfolio S&P 1500 Composite Stock Market ETF

Large investors have recently added to or reduced their stakes in the stock. Climber Capital SA purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter valued at approximately $1,778,000. Blue Edge Capital LLC purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 2nd quarter worth approximately $1,514,000. Amicus Financial Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth approximately $791,000. Weitzel Financial Services Inc. boosted its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.1% during the first quarter. Weitzel Financial Services Inc. now owns 678,821 shares of the ETF’s stock valued at $54,000,000 after purchasing an additional 7,707 shares in the last quarter. Finally, Koss Olinger Consulting LLC purchased a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 1st quarter valued at $1,377,000.

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

Shares of SPTM traded down $0.29 during midday trading on Friday, hitting $93.25. The stock had a trading volume of 335,043 shares, compared to its average volume of 772,758. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 1 year low of $76.54 and a 1 year high of $94.61. The firm has a market cap of $13.95 billion, a PE ratio of 25.00 and a beta of 1.00. The stock’s 50 day moving average is $91.57 and its 200 day moving average is $87.56.

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.