Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 470,304 shares of the company’s stock after purchasing an additional 26,385 shares during the period. Gerber Kawasaki Wealth & Investment Management owned approximately 0.18% of SPDR Portfolio S&P 400 Mid Cap ETF worth $27,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in SPMD. Ballast Advisors LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at $26,000. Crewe Advisors LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after buying an additional 182 shares in the last quarter. Stone House Investment Management LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% in the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after buying an additional 197 shares in the last quarter. Elyxium Wealth LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at $31,000. Finally, Optima Capital LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
SPMD opened at $66.68 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $52.46 and a fifty-two week high of $66.99. The company has a fifty day moving average of $63.85 and a two-hundred day moving average of $61.41. The stock has a market capitalization of $17.78 billion, a price-to-earnings ratio of 4.68 and a beta of 1.01.
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.
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