SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Sees Unusually-High Trading Volume – Should You Buy?

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) saw unusually-strong trading volume on Monday . Approximately 602,839 shares were traded during mid-day trading, a decline of 5% from the previous session’s volume of 635,619 shares.The stock last traded at $68.85 and had previously closed at $68.42.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Trading Down 1.0 %

The stock has a market cap of $9.29 billion, a price-to-earnings ratio of 23.91 and a beta of 1.02. The business has a 50 day simple moving average of $72.12 and a two-hundred day simple moving average of $71.52.

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

Hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC grew its holdings in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1,557.1% in the 4th quarter. Farther Finance Advisors LLC now owns 464 shares of the company’s stock worth $33,000 after buying an additional 436 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth approximately $48,000. Compass Financial Services Inc acquired a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter worth approximately $74,000. Sherman Asset Management Inc. acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter worth $141,000. Finally, Copia Wealth Management purchased a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter valued at about $156,000.

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.