Wealthcare Advisory Partners LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 4.1% in the 2nd quarter, Holdings Channel reports. The firm owned 1,230,591 shares of the company’s stock after acquiring an additional 48,386 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up 1.6% of Wealthcare Advisory Partners LLC’s investment portfolio, making the stock its 7th largest holding. Wealthcare Advisory Partners LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $83,139,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in SPMD. Fifth Third Bancorp boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% during the first quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock valued at $16,806,000 after buying an additional 53,264 shares during the last quarter. Concurrent Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth approximately $2,116,000. Farther Finance Advisors LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 14.3% in the 4th quarter. Farther Finance Advisors LLC now owns 669,570 shares of the company’s stock worth $38,775,000 after acquiring an additional 83,711 shares during the last quarter. Legacy Edge Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth approximately $774,000. Finally, Valmark Advisers Inc. raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% during the 4th quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock worth $407,787,000 after acquiring an additional 204,651 shares in the last quarter. 61.70% of the stock is owned by institutional investors.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
NYSEARCA SPMD opened at $67.97 on Tuesday. The company has a market capitalization of $18.81 billion, a P/E ratio of 4.77 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $54.49 and a one year high of $68.29. The stock has a 50 day moving average price of $66.41 and a 200-day moving average price of $63.61.
SPDR Portfolio S&P 400 Mid Cap ETF 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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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:SPMD – Free Report).
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