Inspire Trust Co. N.A. Takes Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Inspire Trust Co. N.A. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 124,891 shares of the company’s stock, valued at approximately $7,232,000. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 1.2% of Inspire Trust Co. N.A.’s portfolio, making the stock its 21st biggest holding.

A number of other large investors have also made changes to their positions in SPMD. Creative Planning raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% during the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock valued at $5,030,779,000 after acquiring an additional 4,903,905 shares during the period. Greenleaf Trust boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1,293.1% during the fourth quarter. Greenleaf Trust now owns 801,325 shares of the company’s stock worth $46,405,000 after purchasing an additional 743,806 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4,299.0% during the fourth quarter. Thrivent Financial for Lutherans now owns 663,452 shares of the company’s stock worth $38,429,000 after purchasing an additional 648,370 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% during the third quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock worth $181,278,000 after purchasing an additional 471,708 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 117.8% during the second quarter. Corient Private Wealth LLC now owns 846,902 shares of the company’s stock worth $46,055,000 after purchasing an additional 458,086 shares during the period. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPMD stock opened at $65.28 on Friday. The stock has a market cap of $17.41 billion, a P/E ratio of 4.58 and a beta of 1.02. The firm has a 50 day simple moving average of $62.37 and a 200 day simple moving average of $60.72. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $51.87 and a 52 week high of $65.85.

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.