Simplicity Wealth LLC Purchases 8,065 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Simplicity Wealth LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 17.6% during the first quarter, Holdings Channel reports. The firm owned 53,952 shares of the company’s stock after acquiring an additional 8,065 shares during the period. Simplicity Wealth LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $3,195,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ascentis Independent Advisors purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at approximately $29,000. Realta Investment Advisors increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% during the 1st quarter. Realta Investment Advisors now owns 513 shares of the company’s stock valued at $30,000 after purchasing an additional 340 shares during the last quarter. Crewe Advisors LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after purchasing an additional 182 shares during the period. Stone House Investment Management LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the 4th quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock worth $31,000 after purchasing an additional 197 shares during the period. Finally, Elyxium Wealth LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth about $31,000. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.1%

NYSEARCA SPMD traded down $0.05 during trading hours on Friday, reaching $66.29. 1,339,991 shares of the company were exchanged, compared to its average volume of 2,655,365. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $53.73 and a 1 year high of $67.68. The business’s 50 day simple moving average is $65.50 and its 200-day simple moving average is $62.58. The stock has a market capitalization of $18.11 billion, a P/E ratio of 4.66 and a beta of 1.00.

About SPDR Portfolio S&P 400 Mid Cap ETF

The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies selected by the S&P Committee. SPMD was launched on Nov 8, 2005 and is managed by State Street.