LPL Financial LLC Buys 173,911 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 1.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 12,844,472 shares of the company’s stock after purchasing an additional 173,911 shares during the period. LPL Financial LLC owned 4.90% of SPDR Portfolio S&P 400 Mid Cap ETF worth $743,823,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of SPMD. Ballast Advisors LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at about $26,000. Crewe Advisors LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after purchasing an additional 182 shares during the period. Stone House Investment Management LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after purchasing an additional 197 shares during the period. Elyxium Wealth LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter valued at about $31,000. Finally, Optima Capital LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter valued at about $33,000. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA:SPMD opened at $64.84 on Monday. The stock has a 50-day simple moving average of $63.16 and a two-hundred day simple moving average of $61.10. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $52.46 and a 52-week high of $66.31. The firm has a market capitalization of $17.29 billion, a PE ratio of 4.55 and a beta of 1.01.

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.