Hills Bank & Trust Co Has $74.05 Million Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Hills Bank & Trust Co lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 1.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,278,725 shares of the company’s stock after acquiring an additional 23,593 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up 4.3% of Hills Bank & Trust Co’s investment portfolio, making the stock its 3rd largest position. Hills Bank & Trust Co owned approximately 0.49% of SPDR Portfolio S&P 400 Mid Cap ETF worth $74,051,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Creative Planning grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% during the 3rd quarter. Creative Planning now owns 87,966,062 shares of the company’s stock worth $5,030,779,000 after acquiring an additional 4,903,905 shares during the period. Valmark Advisers Inc. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% during the 4th quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock worth $407,787,000 after acquiring an additional 204,651 shares during the period. HighTower Advisors LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.9% during the 3rd quarter. HighTower Advisors LLC now owns 3,332,046 shares of the company’s stock worth $190,560,000 after acquiring an additional 125,678 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock worth $181,278,000 after acquiring an additional 471,708 shares during the period. Finally, Facet Wealth Inc. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6.8% during the 3rd quarter. Facet Wealth Inc. now owns 2,910,476 shares of the company’s stock worth $166,450,000 after acquiring an additional 184,356 shares during the period. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPMD stock opened at $63.32 on Friday. The company has a market capitalization of $16.88 billion, a price-to-earnings ratio of 4.45 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $51.63 and a fifty-two week high of $65.85. The stock has a fifty day moving average of $61.56 and a 200-day moving average of $60.23.

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.