SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Sets New 52-Week High – Time to Buy?

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $82.06 and last traded at $81.99, with a volume of 21345 shares changing hands. The stock had previously closed at $81.30.

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

The stock has a 50 day simple moving average of $79.70 and a 200 day simple moving average of $74.81. The stock has a market cap of $11.66 billion, a price-to-earnings ratio of 25.00 and a beta of 1.01.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SPTM. Arlington Trust Co LLC lifted its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 36.7% in the first quarter. Arlington Trust Co LLC now owns 11,065 shares of the company’s stock valued at $753,000 after purchasing an additional 2,970 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 25.2% in the first quarter. Private Trust Co. NA now owns 15,903 shares of the company’s stock valued at $1,082,000 after purchasing an additional 3,200 shares in the last quarter. Rosenberg Matthew Hamilton lifted its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 9.8% in the first quarter. Rosenberg Matthew Hamilton now owns 685,690 shares of the company’s stock valued at $46,634,000 after purchasing an additional 61,300 shares in the last quarter. Columbia River Financial Group LLC bought a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the first quarter valued at approximately $96,000. Finally, Moloney Securities Asset Management LLC lifted its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 166.4% in the first quarter. Moloney Securities Asset Management LLC now owns 212,412 shares of the company’s stock valued at $14,446,000 after purchasing an additional 132,683 shares in 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.