Gateway Wealth Partners LLC Has $2.10 Million Stock Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Gateway Wealth Partners LLC raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 92.7% in the first quarter, Holdings Channel reports. The firm owned 35,438 shares of the company’s stock after acquiring an additional 17,051 shares during the quarter. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,099,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SPMD. Waverly Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 12.4% in the 1st quarter. Waverly Advisors LLC now owns 467,052 shares of the company’s stock valued at $27,659,000 after buying an additional 51,578 shares during the last quarter. Vivaldi Capital Management LP grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.1% in the first quarter. Vivaldi Capital Management LP now owns 147,263 shares of the company’s stock valued at $8,721,000 after buying an additional 14,736 shares in the last quarter. Renaissance Technologies LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter worth $4,542,000. Lido Advisors LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 6.7% during the first quarter. Lido Advisors LLC now owns 255,766 shares of the company’s stock worth $15,146,000 after buying an additional 16,104 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 2.9% during the first quarter. Cetera Investment Advisers now owns 274,600 shares of the company’s stock worth $16,262,000 after buying an additional 7,845 shares during the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.3%

NYSEARCA SPMD opened at $66.59 on Tuesday. The firm has a market capitalization of $18.40 billion, a P/E ratio of 4.68 and a beta of 1.00. The firm’s fifty day moving average price is $65.94 and its two-hundred day moving average price is $63.18. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $53.73 and a 1 year high of $67.68.

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.