SPTM Stock Summary and Trading Ideas (SPDR Portfolio S&P 1500 Composite Stock Market ETF | ARCA:SPTM)

The SPDR Portfolio S&P 1500 Composite Stock Market ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Composite 1500 Index (the "Index"). The S&P Composite 1500 Index is designed to measure the performance of the large-, mid-, and small-capitalization segments of the U.S. equity market. The Index consists of those stocks included in the S&P 500 Index, the S&P MidCap 400 Index, and the S&P SmallCap 600 Index. Each underlying index includes U.S. common equities listed on the NYSE, NYSE Arca, NYSE American, NASDAQ Global Select Market, NASDAQ Select Market, NASDAQ Capital Market, Investors Exchange (IEX), Cboe BZX, Cboe BYX, Cboe EDGA, or Cboe EDGX that meet specific market capitalization requirements.

SPDR Portfolio S&P 1500 Composite Stock Market ETF trades on the ARCA stock market under the symbol SPTM.

As of May 3, 2024, SPTM stock price climbed to $62.68 with 324,643 million shares trading.

SPTM has a beta of 1.00, meaning it tends to be more sensitive to market movements. SPTM has a correlation of 0.99 to the broad based SPY ETF.

SPTM has a market cap of $8.05 billion. This is considered a Mid Cap stock.

In the last 3 years, SPTM stock traded as high as $64.33 and as low as $43.05.

SPTM stock has underperformed the market in the last year with a return of +26.5%, while SPY returned +27.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SPTM shares. However, SPTM has outperformed the market in the last 3 month and 2 week periods, returning +4.0% and +3.3%, while SPY returned +3.7% and +3.3%, respectively. This indicates SPTM has been having a stronger performance recently.

SPTM support price is $61.26 and resistance is $62.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPTM stock will trade within this expected range on the day.