SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Purchased by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 25.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,346 shares of the company’s stock after purchasing an additional 11,777 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $3,337,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPMD. Creative Planning grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.6% during the second quarter. Creative Planning now owns 83,062,157 shares of the company’s stock worth $4,516,920,000 after purchasing an additional 2,922,150 shares during the last quarter. Valmark Advisers Inc. grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.9% during the 3rd quarter. Valmark Advisers Inc. now owns 6,837,085 shares of the company’s stock worth $391,013,000 after buying an additional 193,168 shares during the last quarter. CWM LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 0.7% during the third quarter. CWM LLC now owns 4,728,484 shares of the company’s stock worth $270,422,000 after buying an additional 33,612 shares during the period. Envestnet Asset Management Inc. increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% during the third quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock worth $181,278,000 after buying an additional 471,708 shares during the period. Finally, Facet Wealth Inc. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 6.8% in the third quarter. Facet Wealth Inc. now owns 2,910,476 shares of the company’s stock valued at $166,450,000 after buying an additional 184,356 shares during the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA:SPMD opened at $60.99 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $43.99 and a 1-year high of $62.33. The stock has a market cap of $16.00 billion, a P/E ratio of 4.28 and a beta of 1.07. The firm has a fifty day moving average price of $59.64 and a 200 day moving average price of $57.72.

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.