SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Newly Purchased by Orange Investment Advisors Inc.

Orange Investment Advisors Inc. acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 33,878 shares of the company’s stock, valued at approximately $2,136,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPMD. Fifth Third Bancorp boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% during the 1st quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock worth $16,806,000 after acquiring an additional 53,264 shares during the last quarter. Waverly Advisors LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 12.4% during the 1st quarter. Waverly Advisors LLC now owns 467,052 shares of the company’s stock worth $27,659,000 after acquiring an additional 51,578 shares in the last quarter. Kestra Advisory Services LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 41.3% during the 1st quarter. Kestra Advisory Services LLC now owns 48,644 shares of the company’s stock worth $2,881,000 after acquiring an additional 14,210 shares in the last quarter. Luken Investment Analytics LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 31.7% during the 2nd quarter. Luken Investment Analytics LLC now owns 71,712 shares of the company’s stock worth $4,845,000 after acquiring an additional 17,271 shares in the last quarter. Finally, Nadler Financial Group Inc. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth approximately $1,297,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA SPMD opened at $63.40 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $54.53 and a 12-month high of $68.97. The company has a market capitalization of $18.29 billion, a PE ratio of 4.45 and a beta of 1.02. The firm’s 50 day moving average is $64.98 and its 200-day moving average is $65.25.

SPDR Portfolio S&P 400 Mid Cap ETF Profile

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.