NewEdge Advisors LLC lessened its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 73.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 48,298 shares of the company’s stock after selling 134,764 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,860,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Creative Planning raised its position in shares of 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 buying an additional 4,903,905 shares during the period. Auto Owners Insurance Co increased its stake 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 worth $4,461,016,000 after acquiring an additional 75,993,600 shares during the last quarter. LPL Financial LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock worth $743,823,000 after purchasing an additional 173,911 shares during the period. Morgan Stanley lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% in the 4th 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 in the last quarter. Finally, Valmark Advisers Inc. lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% in the 1st quarter. Valmark Advisers Inc. now owns 7,215,287 shares of the company’s stock valued at $427,289,000 after purchasing an additional 173,551 shares in the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
Shares of NYSEARCA:SPMD opened at $65.98 on Friday. The stock has a 50-day simple moving average of $66.12 and a 200-day simple moving average of $63.32. The stock has a market capitalization of $18.25 billion, a P/E ratio of 4.63 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $53.73 and a 1 year high of $67.68.
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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