XY Planning Network Inc. Has $9.69 Million Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

XY Planning Network Inc. raised its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 102.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 167,277 shares of the company’s stock after purchasing an additional 84,684 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 1.7% of XY Planning Network Inc.’s portfolio, making the stock its 12th biggest holding. XY Planning Network Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $9,687,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SPMD. ORG Partners LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at $25,000. Ballast Advisors LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at $26,000. Crewe Advisors LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after acquiring an additional 182 shares during the last quarter. Stone House Investment Management LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% in the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after acquiring an additional 197 shares during the last quarter. Finally, Bernard Wealth Management Corp. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at $32,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD stock opened at $62.56 on Thursday. The stock has a market cap of $16.54 billion, a P/E ratio of 4.39 and a beta of 1.04. The company has a fifty day moving average price of $61.02 and a two-hundred day moving average price of $59.27. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $46.53 and a one year high of $63.67.

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.