SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Reaches New 12-Month High – Should You Buy?

Shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) hit a new 52-week high on Monday . The company traded as high as $84.29 and last traded at $84.28, with a volume of 425481 shares changing hands. The stock had previously closed at $84.18.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Up 0.1%

The stock has a market cap of $12.27 billion, a price-to-earnings ratio of 25.00 and a beta of 1.00. The company’s 50-day moving average is $82.33 and its 200-day moving average is $79.89.

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

A number of large investors have recently bought and sold shares of the company. Partnership Wealth Management LLC boosted its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 3.0% during the fourth quarter. Partnership Wealth Management LLC now owns 5,422 shares of the company’s stock valued at $447,000 after purchasing an additional 157 shares during the last quarter. CoreCap Advisors LLC boosted its holdings 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 grew 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 in the last quarter. Vigilare Wealth Management increased its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 3.2% during the fourth quarter. Vigilare Wealth Management now owns 7,831 shares of the company’s stock worth $646,000 after buying an additional 241 shares during the last quarter. Finally, Synergy Investment Management LLC increased its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 4.8% during the second quarter. Synergy Investment Management LLC now owns 5,925 shares of the company’s stock worth $444,000 after buying an additional 272 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.