SPTM · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) stock moving?
No news items in the 14-day window concern SPTM or its holdings. The only item found, a Robinhood Trump Accounts spending report, does not relate to this broad-market ETF, so the view rests on market data alone. Over the last 30 days SPTM traded mostly between $91 and $93.5. On Nov 5 it fell about 4.3% to $88.88 (intraday low $88.82) on about 1.66M shares, roughly 2.3 times the two-week average volume of about 705K, then recovered to $91.29 on Nov 9. The Nov 10 close of $90.95 is still about 2% below the Nov 4 close of $92.87 and below the late-October range. The move carries no stated cause in the provided sources, so the drop may reflect broad market or sector moves that these sources do not cover. Price and volume point to a range-bound, unresolved picture with no company-specific catalyst in view.
About State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM is a low-cost State Street SPDR index fund that tracks the S&P Composite 1500, which combines the S&P 500, S&P MidCap 400 and S&P SmallCap 600. With about 1,500 holdings and an expense ratio of about 0.03%, it covers most of the US stock market in a single fund. It has been around since 2000.
How the fund works
The fund passively tracks the S&P Composite 1500 Index. Each company is weighted by its market value, and the fund uses representative sampling, so it may not hold every stock in exactly the index's proportions. The annual fee is about 0.03%, and it pays dividends quarterly, with a yield recently around 1%. Because big companies dominate, about 35% of assets sit in the top 10 holdings (NVIDIA, Apple, Microsoft, Amazon, Alphabet and others), so it behaves much like an S&P 500 fund. Small companies make up only a small share. The main risk is the ups and downs of the overall US stock market.
What usually moves SPTM
- Overall US stock market direction
- Mega-cap tech and AI-related stocks
- Interest rates and Federal Reserve policy
- US corporate earnings and economic growth