Cetera Investment Advisers Purchases 7,845 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Cetera Investment Advisers raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 274,600 shares of the company’s stock after purchasing an additional 7,845 shares during the period. Cetera Investment Advisers’ holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $16,262,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SPMD. Signature Equity Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth $42,000. Alesco Advisors LLC An ESL Co lifted its stake 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. Cassaday & Co Wealth Management LLC boosted its holdings 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 period. Balefire LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 8.7% in the 1st quarter. Balefire LLC now owns 16,323 shares of the company’s stock worth $967,000 after buying an additional 1,300 shares during the period. Finally, Koss Olinger Consulting LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 20.2% in the 1st quarter. Koss Olinger Consulting LLC now owns 1,063,343 shares of the company’s stock worth $62,971,000 after buying an additional 178,947 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock opened at $66.62 on Wednesday. The stock has a fifty day simple moving average of $66.02 and a two-hundred day simple moving average of $63.22. The firm has a market capitalization of $18.41 billion, a PE ratio of 4.68 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $53.73 and a 52-week high of $67.68.

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.