39,612 Shares in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Purchased by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 39,612 shares of the company’s stock, valued at approximately $2,294,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. CarsonAllaria Wealth Management Ltd. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock worth $5,587,000 after purchasing an additional 10,034 shares during the period. Cahaba Wealth Management Inc. raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% in the fourth quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock valued at $26,161,000 after purchasing an additional 14,242 shares during the period. Bensler LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.0% in the third quarter. Bensler LLC now owns 210,796 shares of the company’s stock valued at $12,055,000 after purchasing an additional 10,026 shares during the period. Davis R M Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at approximately $621,000. Finally, Breakwater Capital Group lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% during the 4th quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock valued at $2,361,000 after buying an additional 27,478 shares in the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 2.0%

SPMD opened at $63.92 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $46.53 and a 12 month high of $64.33. The company has a market cap of $16.92 billion, a PE ratio of 4.49 and a beta of 1.04. The company has a 50 day moving average of $61.08 and a 200 day moving average of $59.35.

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.