SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 34.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 420,487 shares of the company’s stock after purchasing an additional 107,824 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 0.6% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 28th largest holding. Farther Finance Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $21,638,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Global Financial Private Client LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 2.3% during the first quarter. Global Financial Private Client LLC now owns 10,765 shares of the company’s stock worth $551,000 after acquiring an additional 243 shares during the period. Butensky & Cohen Financial Security Inc. increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.6% in the 1st quarter. Butensky & Cohen Financial Security Inc. now owns 18,186 shares of the company’s stock valued at $931,000 after purchasing an additional 293 shares during the period. Harbor Investment Advisory LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.1% in the 1st quarter. Harbor Investment Advisory LLC now owns 7,920 shares of the company’s stock valued at $405,000 after buying an additional 381 shares in the last quarter. Ameriflex Group Inc. bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at approximately $34,000. Finally, AdvisorNet Financial Inc boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% during the first quarter. AdvisorNet Financial Inc now owns 43,350 shares of the company’s stock worth $2,219,000 after purchasing an additional 726 shares during the period.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 1.0%

SPMD opened at $53.60 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $43.99 and a 1-year high of $59.94. The stock has a market capitalization of $12.72 billion, a price-to-earnings ratio of 18.23 and a beta of 1.07. The business has a 50 day moving average of $50.63 and a 200-day moving average of $53.69.

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.