295,747 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Acquired by Avior Wealth Management LLC

Avior Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 295,747 shares of the company’s stock, valued at approximately $18,644,000.

Several other hedge funds have also bought and sold shares of SPMD. Auto Owners Insurance Co increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% in the fourth quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock valued at $4,461,016,000 after buying an additional 75,993,600 shares in the last quarter. TSG Advice Partners LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2,502.0% in the first quarter. TSG Advice Partners LLC now owns 476,138 shares of the company’s stock worth $28,197,000 after acquiring an additional 457,839 shares during the period. Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 4,488,056 shares of the company’s stock worth $303,213,000 after acquiring an additional 340,186 shares during the period. Gradient Investments LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth about $12,294,000. Finally, Koss Olinger Consulting LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 20.2% during the 1st quarter. Koss Olinger Consulting LLC now owns 1,063,343 shares of the company’s stock worth $62,971,000 after acquiring an additional 178,947 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.4%

NYSEARCA:SPMD opened at $64.08 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $54.53 and a 52 week high of $68.97. The stock has a market capitalization of $18.29 billion, a PE ratio of 4.50 and a beta of 1.02. The stock’s 50-day moving average price is $65.77 and its 200-day moving average price is $64.96.

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.