State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Oct 10, 2000
- CIK
- 0001064642
- Website
- ssga.com
- Similar Companies
- Business
- SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) is an exchange-traded fund that 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 fund invests at least 80% of its total assets in the securities comprising the S&P Composite 1500 Index, a float-adjusted market capitalization-weighted benchmark that measures the performance of the broad U.S. equity market across large-, mid-, and small-capitalization segments, representing approximately 90% of the investable U.S. equity market; it employs a representative sampling technique to track the index, holding around 1,510 to 1,517 securities spanning sectors such as information technology (33%), financials (14%), consumer discretionary (11%), communication services (9%), industrials (9%), and health care (9%). SPTM targets investors seeking diversified, low-cost exposure to the total U.S. stock market, including top holdings like NVIDIA Corp, Microsoft Corp, Apple Inc, Amazon.com Inc, and Meta Platforms Inc Class A; it features a gross expense ratio of 0.03%, quarterly distributions, and assets under management exceeding $11 billion. Launched on October 4, 2000, and domiciled in the United States, the ETF is issued and managed by State Street Investment Management (formerly State Street Global Advisors), headquartered at One Iron Street, Boston, Massachusetts. Prior to January 24, 2020, the fund was known as the SPDR Portfolio Total Stock Market ETF and tracked predecessor indices including the Dow Jones U.S. Total Stock Market Index, Russell 3000 Index, and SSGA Total Stock Market Index before transitioning to the current S&P Composite 1500 Index. The index constituents are rebalanced quarterly or as needed in response to corporate actions and market developments, with securities selected based on criteria such as market capitalization, liquidity, public float, and positive earnings. In recent years, SPTM has experienced significant inflows, with 1-year fund flows reaching approximately $534 million to $798 million, reflecting strong investor demand for its broad U.S. equity exposure amid market growth. State Street Investment Management, the fund's sponsor, announced broader ETF lineup changes in 2025, including plans to close and liquidate certain underperforming ETFs while maintaining core offerings like SPTM, as part of portfolio optimization efforts; this aligns with the firm's total ETF assets surpassing $1.8 trillion as of September 30, 2025. The ETF trades on NYSE Arca with high liquidity, averaging over 500,000 shares daily, and maintains a low turnover ratio of around 3%, supporting its passive management style focused on U.S. equities listed on major exchanges.