9,548 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Purchased by Spectrum Advisors Inc.

Spectrum Advisors Inc. lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 7.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 143,861 shares of the company’s stock after acquiring an additional 9,548 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 6.4% of Spectrum Advisors Inc.’s portfolio, making the stock its 4th largest holding. Spectrum Advisors Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $9,069,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SPMD. Mather Group LLC. purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at about $27,000. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth $29,000. Independence Bank of Kentucky purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth about $32,000. Curry Webb Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth approximately $33,000. Finally, EverSource Wealth Advisors LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% in 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 in the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock traded up $0.39 during mid-day trading on Friday, reaching $63.17. 3,728,082 shares of the company were exchanged, compared to its average volume of 2,304,519. The company has a market capitalization of $18.39 billion, a P/E ratio of 4.44 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $54.53 and a fifty-two week high of $68.97. The business’s 50 day simple moving average is $64.38 and its 200 day simple moving average is $64.06.

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.