SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Sees Large Drop in Short Interest

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 211,267 shares, a decline of 31.6% from the March 15th total of 308,996 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,583,673 shares, the short-interest ratio is presently 0.1 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Beacon Capital Management Inc. bought a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the third quarter worth approximately $30,129,000. Financial Management Professionals Inc. bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter valued at $9,158,000. Tudor Investment Corp ET AL increased its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2,084.9% in the fourth quarter. Tudor Investment Corp ET AL now owns 61,483 shares of the company’s stock valued at $5,072,000 after buying an additional 58,669 shares in the last quarter. Virtue Capital Management LLC lifted its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 248.9% during the 4th quarter. Virtue Capital Management LLC now owns 73,092 shares of the company’s stock valued at $6,030,000 after acquiring an additional 52,145 shares during the last quarter. Finally, Advisory Services Network LLC lifted its position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 87.5% during the 4th quarter. Advisory Services Network LLC now owns 105,241 shares of the company’s stock valued at $8,682,000 after acquiring an additional 49,116 shares during the last quarter.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Up 0.7%

SPDR Portfolio S&P 1500 Composite Stock Market ETF stock traded up $0.57 during midday trading on Wednesday, hitting $84.97. The company’s stock had a trading volume of 481,706 shares, compared to its average volume of 1,099,645. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 12 month low of $61.81 and a 12 month high of $85.05. The company has a market capitalization of $12.62 billion, a PE ratio of 25.00 and a beta of 1.00. The stock’s 50-day moving average price is $81.85 and its 200-day moving average price is $82.13.

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.