SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Sets New 12-Month Low – What’s Next?

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $58.60 and last traded at $58.80, with a volume of 269201 shares traded. The stock had previously closed at $61.48.

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

The firm’s fifty day moving average is $70.18 and its 200 day moving average is $71.34. The firm has a market capitalization of $9.09 billion, a price-to-earnings ratio of 23.89 and a beta of 1.02.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a dividend of $0.2208 per share. The ex-dividend date of this dividend was Monday, March 24th.

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

A number of hedge funds have recently modified their holdings of SPTM. Farther Finance Advisors LLC grew its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1,557.1% in the fourth quarter. Farther Finance Advisors LLC now owns 464 shares of the company’s stock valued at $33,000 after purchasing an additional 436 shares in the last quarter. EverSource Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter valued at 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. Mascagni Wealth Management Inc. bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter valued at approximately $81,000. Finally, NBC Securities Inc. lifted its stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 140,900.0% in the first quarter. NBC Securities Inc. now owns 1,410 shares of the company’s stock valued at $95,000 after acquiring an additional 1,409 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.