Inman Jager Wealth Management LLC Grows Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Inman Jager Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMDFree Report) by 91.4% during the 1st quarter, HoldingsChannel reports. The fund owned 24,699 shares of the company’s stock after acquiring an additional 11,796 shares during the quarter. Inman Jager Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Creative Planning raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the 3rd quarter. Creative Planning now owns 87,966,062 shares of the company’s stock worth $5,030,779,000 after purchasing an additional 4,903,905 shares during the period. Auto Owners Insurance Co lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% during the fourth quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock valued at $4,461,016,000 after purchasing an additional 75,993,600 shares in the last quarter. LPL Financial LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% during the fourth quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock valued at $743,823,000 after purchasing an additional 173,911 shares during the period. Morgan Stanley grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% during the fourth quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock valued at $568,923,000 after purchasing an additional 6,634,293 shares during the period. Finally, Valmark Advisers Inc. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% during the fourth quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock valued at $407,787,000 after purchasing an additional 204,651 shares during the period. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.4%

Shares of SPMD opened at $67.03 on Tuesday. The business has a 50-day simple moving average of $64.99 and a two-hundred day simple moving average of $62.12. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $53.73 and a 52 week high of $67.68. The stock has a market cap of $17.87 billion, a price-to-earnings ratio of 4.71 and a beta of 1.01.

SPDR Portfolio S&P 400 Mid Cap ETF Company Profile

(Free Report)

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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Want to see what other hedge funds are holding SPMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMDFree Report).

Institutional Ownership by Quarter for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

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