Zinnia Wealth Advisory LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 66,872 shares of the company’s stock, valued at approximately $3,873,000. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 4.2% of Zinnia Wealth Advisory LLC’s investment portfolio, making the stock its 4th largest holding.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. lifted its stake 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. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% during the fourth quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock worth $26,161,000 after purchasing an additional 14,242 shares during the period. Breakwater Capital Group lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% during the fourth quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock worth $2,361,000 after purchasing an additional 27,478 shares during the period. Davis R M Inc. bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth about $621,000. Finally, Concurrent Investment Advisors LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth about $2,116,000. Institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Price Performance
Shares of SPMD opened at $66.68 on Monday. The company has a market capitalization of $17.78 billion, a P/E ratio of 4.68 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $52.46 and a one year high of $66.99. The business’s 50 day simple moving average is $63.85 and its 200-day simple moving average is $61.45.
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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