Capital Financial Group Inc. Co. ADV acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,360 shares of the company’s stock, valued at approximately $484,000.
Several other hedge funds have also recently added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock worth $5,587,000 after buying an additional 10,034 shares during the last quarter. Cahaba Wealth Management Inc. raised its stake in shares of 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 last quarter. Breakwater Capital Group boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% in the fourth 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. Davis R M Inc. purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth $621,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter worth $2,116,000. Institutional investors and hedge funds own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Price Performance
NYSEARCA:SPMD opened at $66.94 on Tuesday. The firm has a 50 day simple moving average of $64.00 and a 200-day simple moving average of $61.51. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $52.46 and a 1-year high of $67.68. The firm has a market cap of $17.85 billion, a PE ratio of 4.70 and a beta of 1.01.
SPDR Portfolio S&P 400 Mid Cap ETF Company 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.
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