SPDR Portfolio S&P 400 Mid Cap ETF $SPMD is Valmark Advisers Inc.’s 4th Largest Position

Valmark Advisers Inc. raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,215,287 shares of the company’s stock after acquiring an additional 173,551 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 5.1% of Valmark Advisers Inc.’s holdings, making the stock its 4th largest holding. Valmark Advisers Inc. owned 2.71% of SPDR Portfolio S&P 400 Mid Cap ETF worth $427,289,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ascentis Independent Advisors purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter worth approximately $29,000. Realta Investment Advisors lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% in the 1st quarter. Realta Investment Advisors now owns 513 shares of the company’s stock valued at $30,000 after purchasing an additional 340 shares in the last quarter. Crewe Advisors LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after purchasing an additional 182 shares in the last quarter. Stone House Investment Management LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the 4th quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock worth $31,000 after purchasing an additional 197 shares during the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth $31,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.1%

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock traded down $0.05 during trading hours on Friday, reaching $66.29. 1,339,991 shares of the company’s stock were exchanged, compared to its average volume of 2,655,365. The business has a fifty day moving average of $65.50 and a two-hundred day moving average of $62.58. The company has a market capitalization of $18.13 billion, a P/E ratio of 4.66 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.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.