SPDR Portfolio S&P 400 Mid Cap ETF $SPMD is Private Wealth Group LLC’s 8th Largest Position

Private Wealth Group LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 13.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 145,167 shares of the company’s stock after buying an additional 17,059 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 3.8% of Private Wealth Group LLC’s portfolio, making the stock its 8th largest position. Private Wealth Group LLC owned approximately 0.05% of SPDR Portfolio S&P 400 Mid Cap ETF worth $9,807,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in SPMD. Creative Planning lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the 3rd 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 in the last quarter. Auto Owners Insurance Co boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% in the 4th quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock worth $4,461,016,000 after purchasing an additional 75,993,600 shares during the period. LPL Financial LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% during the 4th quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock worth $743,823,000 after purchasing an additional 173,911 shares in the last quarter. Morgan Stanley grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% during the 4th quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after purchasing an additional 6,634,293 shares in the last quarter. Finally, Valmark Advisers Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% during the 1st quarter. Valmark Advisers Inc. now owns 7,215,287 shares of the company’s stock valued at $427,289,000 after purchasing an additional 173,551 shares during the period. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 1.4%

Shares of NYSEARCA:SPMD opened at $68.17 on Friday. The company’s fifty day moving average is $66.36 and its two-hundred day moving average is $63.54. The company has a market cap of $18.86 billion, a P/E ratio of 4.79 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $54.49 and a 12-month high of $68.29.

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.