SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Bought by Fiduciary Group LLC

Fiduciary Group LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 33.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,239 shares of the company’s stock after acquiring an additional 9,754 shares during the period. Fiduciary Group LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,244,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. ORG Partners LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth approximately $25,000. Ballast Advisors LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth $26,000. Compass Financial Services Inc purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth $30,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at $32,000. Finally, Bernard Wealth Management Corp. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at $32,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 1.7%

SPMD opened at $62.17 on Wednesday. The stock’s 50-day moving average price is $61.19 and its 200 day moving average price is $58.66. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $63.67. The firm has a market cap of $16.31 billion, a price-to-earnings ratio of 4.37 and a beta of 1.07.

SPDR Portfolio S&P 400 Mid Cap ETF 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.