Hanseatic Management Services Inc. Buys New Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Hanseatic Management Services Inc. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 36,884 shares of the company’s stock, valued at approximately $2,492,000. SPDR Portfolio S&P 400 Mid Cap ETF makes up 1.9% of Hanseatic Management Services Inc.’s holdings, making the stock its 14th biggest holding.

A number of other large investors have also recently bought and sold shares of the stock. Valmark Advisers Inc. grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% during the first quarter. Valmark Advisers Inc. now owns 7,215,287 shares of the company’s stock worth $427,289,000 after buying an additional 173,551 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in 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 valued at $303,213,000 after acquiring an additional 340,186 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 4.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,230,591 shares of the company’s stock worth $83,139,000 after acquiring an additional 48,386 shares during the last quarter. Koss Olinger Consulting LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 20.2% in the first quarter. Koss Olinger Consulting LLC now owns 1,063,343 shares of the company’s stock valued at $62,971,000 after acquiring an additional 178,947 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 6.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 947,740 shares of the company’s stock worth $59,746,000 after buying an additional 55,381 shares during the period. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $63.40 on Friday. The firm has a market cap of $18.25 billion, a PE ratio of 4.45 and a beta of 1.02. The business’s 50 day simple moving average is $64.98 and its 200 day simple moving average is $65.22. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $54.53 and a 52-week high of $68.97.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.