Kestra Private Wealth Services LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) in the third quarter, Holdings Channel.com reports. The firm acquired 32,920 shares of the company’s stock, valued at approximately $2,075,000.
Other large investors have also made changes to their positions in the company. Certified Advisory Corp lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.7% in the third quarter. Certified Advisory Corp now owns 3,683 shares of the company’s stock valued at $232,000 after buying an additional 165 shares during the period. Garrett Wealth Advisory Group LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 1.5% during the third quarter. Garrett Wealth Advisory Group LLC now owns 11,824 shares of the company’s stock valued at $745,000 after acquiring an additional 172 shares during the period. Independent Wealth Network Inc. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 0.9% during the third quarter. Independent Wealth Network Inc. now owns 22,350 shares of the company’s stock valued at $1,409,000 after acquiring an additional 208 shares during the period. Team Financial Group LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 11.5% during the first quarter. Team Financial Group LLC now owns 2,088 shares of the company’s stock valued at $124,000 after acquiring an additional 216 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% during the first quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock valued at $35,000 after acquiring an additional 228 shares during the period. Institutional investors and hedge funds own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 3.9%
SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $62.78 on Friday. The business has a 50 day moving average price of $64.46 and a two-hundred day moving average price of $64.04. The stock has a market cap of $18.21 billion, a price-to-earnings ratio of 4.41 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $54.53 and a 12 month high of $68.97.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio S&P 400 Mid Cap ETF
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Want to see what other hedge funds are holding SPMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 400 Mid Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 400 Mid Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
