World Investment Advisors Grows Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

World Investment Advisors boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 82.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,293 shares of the company’s stock after purchasing an additional 13,244 shares during the period. World Investment Advisors’ holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,696,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock worth $5,587,000 after buying an additional 10,034 shares during the period. Cahaba Wealth Management Inc. lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% during the 4th quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock worth $26,161,000 after acquiring an additional 14,242 shares during the last quarter. Breakwater Capital Group boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% during the 4th quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock valued at $2,361,000 after acquiring an additional 27,478 shares during the period. Davis R M Inc. purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at $621,000. Finally, Concurrent Investment Advisors LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at $2,116,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $66.57 on Friday. The stock’s fifty day moving average is $64.48 and its two-hundred day moving average is $61.73. The company has a market capitalization of $17.75 billion, a PE ratio of 4.67 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $52.46 and a 52 week high of $67.68.

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.