Atlas Private Wealth Advisors trimmed its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 63.1% in the third quarter, Holdings Channel.com reports. The fund owned 525,712 shares of the company’s stock after selling 897,408 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 7.4% of Atlas Private Wealth Advisors’ investment portfolio, making the stock its largest position. Atlas Private Wealth Advisors’ holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $30,065,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Creative Planning increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.6% during the second quarter. Creative Planning now owns 83,062,157 shares of the company’s stock valued at $4,516,920,000 after purchasing an additional 2,922,150 shares during the last quarter. Valmark Advisers Inc. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.9% in the 3rd quarter. Valmark Advisers Inc. now owns 6,837,085 shares of the company’s stock valued at $391,013,000 after buying an additional 193,168 shares during the period. CWM LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.7% during the 3rd quarter. CWM LLC now owns 4,728,484 shares of the company’s stock valued at $270,422,000 after buying an additional 33,612 shares during the last quarter. Facet Wealth Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 6.8% during the third quarter. Facet Wealth Inc. now owns 2,910,476 shares of the company’s stock worth $166,450,000 after acquiring an additional 184,356 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% during the second quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock worth $146,720,000 after acquiring an additional 555,823 shares during the period. 61.70% of the stock is owned by institutional investors and hedge funds.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.9%
Shares of SPMD stock opened at $60.25 on Friday. The company has a market cap of $15.78 billion, a P/E ratio of 4.23 and a beta of 1.07. The business has a 50 day moving average of $59.37 and a two-hundred day moving average of $57.56. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $43.99 and a 52 week high of $62.33.
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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