Renaissance Technologies LLC Takes Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Renaissance Technologies LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 76,700 shares of the company’s stock, valued at approximately $4,542,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPMD. Auto Owners Insurance Co boosted its holdings 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 purchasing an additional 75,993,600 shares during the period. Morgan Stanley increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% in the fourth quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after purchasing an additional 6,634,293 shares during the period. Creative Planning raised its position 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 worth $5,030,779,000 after buying an additional 4,903,905 shares in the last quarter. Valpey Financial Services LLC raised its position 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 worth $47,165,000 after buying an additional 801,523 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4,299.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 663,452 shares of the company’s stock worth $38,429,000 after buying an additional 648,370 shares in the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA:SPMD opened at $67.25 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $54.49 and a 52-week high of $68.26. The stock has a fifty day moving average of $66.30 and a 200 day moving average of $63.51. The firm has a market capitalization of $18.61 billion, a price-to-earnings ratio of 4.72 and a beta of 1.01.

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.