SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Short Interest Update

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 591,902 shares, an increase of 185.8% from the April 30th total of 207,083 shares. Based on an average daily volume of 481,550 shares, the short-interest ratio is presently 1.2 days. Currently, 0.4% of the shares of the stock are short sold.

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

Shares of SPTM traded up $0.23 during mid-day trading on Friday, reaching $91.63. The company had a trading volume of 382,884 shares, compared to its average volume of 940,874. The company’s 50 day simple moving average is $85.33 and its 200 day simple moving average is $83.69. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 1-year low of $70.79 and a 1-year high of $91.83. The company has a market capitalization of $13.69 billion, a price-to-earnings ratio of 25.00 and a beta of 1.00.

Institutional Investors Weigh In On SPDR Portfolio S&P 1500 Composite Stock Market ETF

A number of hedge funds have recently made changes to their positions in the stock. Hughes Financial Services LLC increased its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.3% in the third quarter. Hughes Financial Services LLC now owns 1,630,436 shares of the company’s stock valued at $134,283,000 after buying an additional 20,133 shares during the period. Ameriprise Financial Inc. increased its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.7% in the third quarter. Ameriprise Financial Inc. now owns 1,411,187 shares of the company’s stock valued at $113,815,000 after buying an additional 36,760 shares during the period. Rosenberg Matthew Hamilton increased its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.5% in the fourth quarter. Rosenberg Matthew Hamilton now owns 794,032 shares of the company’s stock valued at $65,508,000 after buying an additional 19,069 shares during the period. Weitzel Financial Services Inc. increased its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 1.1% in the first quarter. Weitzel Financial Services Inc. now owns 678,821 shares of the company’s stock valued at $54,000,000 after buying an additional 7,707 shares during the period. Finally, Winch Advisory Services LLC increased its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.0% in the fourth quarter. Winch Advisory Services LLC now owns 596,924 shares of the company’s stock valued at $49,246,000 after buying an additional 11,505 shares during the period.

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.