VCI Wealth Management LLC Purchases Shares of 26,381 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

VCI Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 26,381 shares of the company’s stock, valued at approximately $1,509,000.

Several other institutional investors and hedge funds have also made changes to their positions in SPMD. Compass Financial Services Inc purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth approximately $30,000. Twin Peaks Wealth Advisors LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth approximately $32,000. Bernard Wealth Management Corp. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth approximately $32,000. Pineridge Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth approximately $37,000. Finally, Headlands Technologies LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at $38,000. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA SPMD opened at $59.08 on Friday. The firm’s fifty day moving average price is $57.49 and its 200 day moving average price is $56.50. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $59.78. The company has a market capitalization of $14.80 billion, a price-to-earnings ratio of 4.15 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.