Gateway Wealth Partners LLC Purchases 17,051 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Gateway Wealth Partners LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 92.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,438 shares of the company’s stock after buying an additional 17,051 shares during the period. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,099,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SPMD. Auto Owners Insurance Co lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% in the 4th quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock valued at $4,461,016,000 after acquiring an additional 75,993,600 shares in the last quarter. Morgan Stanley grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% during the 4th quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after acquiring an additional 6,634,293 shares in the last quarter. Creative Planning raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock valued at $5,030,779,000 after purchasing an additional 4,903,905 shares during the last quarter. Valpey Financial Services LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6,201.3% in the fourth quarter. Valpey Financial Services LLC now owns 814,448 shares of the company’s stock valued at $47,165,000 after purchasing an additional 801,523 shares during the last quarter. Finally, Greenleaf Trust lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1,293.1% in the fourth quarter. Greenleaf Trust now owns 801,325 shares of the company’s stock worth $46,405,000 after purchasing an additional 743,806 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.3%

Shares of SPMD opened at $66.59 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $53.73 and a 12 month high of $67.68. The firm has a fifty day simple moving average of $65.94 and a 200 day simple moving average of $63.18. The stock has a market capitalization of $18.40 billion, a price-to-earnings ratio of 4.68 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.