Renaissance Technologies LLC Invests $4.54 Million in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Renaissance Technologies LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 76,700 shares of the company’s stock, valued at approximately $4,542,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lido Advisors LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 6.7% in the first quarter. Lido Advisors LLC now owns 255,766 shares of the company’s stock valued at $15,146,000 after acquiring an additional 16,104 shares during the last quarter. Cetera Investment Advisers increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.9% during the 1st quarter. Cetera Investment Advisers now owns 274,600 shares of the company’s stock valued at $16,262,000 after purchasing an additional 7,845 shares during the last quarter. Signature Equity Partners LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $42,000. Alesco Advisors LLC An ESL Co raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 14.9% during the 1st quarter. Alesco Advisors LLC An ESL Co now owns 48,207 shares of the company’s stock valued at $2,855,000 after buying an additional 6,265 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 6.3% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 6,124 shares of the company’s stock worth $363,000 after buying an additional 362 shares during the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD opened at $67.25 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $54.49 and a 1 year high of $68.26. The stock has a 50 day simple moving average of $66.30 and a two-hundred day simple moving average of $63.51. The firm has a market cap of $18.61 billion, a P/E ratio of 4.72 and a beta of 1.01.

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.