Nadler Financial Group Inc. Takes Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Nadler Financial Group Inc. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 21,900 shares of the company’s stock, valued at approximately $1,297,000.

Several other hedge funds and other institutional investors have also modified their holdings of SPMD. CarsonAllaria Wealth Management Ltd. lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock worth $5,587,000 after purchasing an additional 10,034 shares during the last quarter. Cahaba Wealth Management Inc. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% in the 4th quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock valued at $26,161,000 after buying an additional 14,242 shares in the last quarter. Breakwater Capital Group grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% in the 4th quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock valued at $2,361,000 after buying an additional 27,478 shares in the last quarter. Concurrent Investment Advisors LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth $2,116,000. Finally, Farther Finance Advisors LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 14.3% during the 4th quarter. Farther Finance Advisors LLC now owns 669,570 shares of the company’s stock worth $38,775,000 after buying an additional 83,711 shares during the period. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPMD opened at $65.92 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $53.73 and a fifty-two week high of $67.68. The company has a market capitalization of $18.03 billion, a P/E ratio of 4.63 and a beta of 1.00. The stock has a fifty day moving average of $65.55 and a 200-day moving average of $62.66.

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.