Trek Financial LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,708 shares of the company’s stock, valued at approximately $675,000.
Several other institutional investors have also modified their holdings of SPMD. Mather Group LLC. bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at about $27,000. Ascentis Independent Advisors acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $29,000. Independence Bank of Kentucky acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at about $32,000. Curry Webb Wealth Management LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock worth $35,000 after purchasing an additional 228 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.3%
NYSEARCA SPMD opened at $64.95 on Wednesday. The company has a 50-day moving average price of $64.58 and a two-hundred day moving average price of $64.02. 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 cap of $18.84 billion, a price-to-earnings ratio of 4.56 and a beta of 1.01.
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.
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