World Investment Advisors Boosts Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

World Investment Advisors raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 82.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Creative Planning lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% during the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock valued at $5,030,779,000 after purchasing an additional 4,903,905 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% during the fourth quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock valued at $407,787,000 after purchasing an additional 204,651 shares in the last quarter. HighTower Advisors LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 3.9% during the third quarter. HighTower Advisors LLC now owns 3,332,046 shares of the company’s stock valued at $190,560,000 after purchasing an additional 125,678 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% during the third quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock valued at $181,278,000 after purchasing an additional 471,708 shares in the last quarter. Finally, Facet Wealth Inc. lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 6.8% during the third quarter. Facet Wealth Inc. now owns 2,910,476 shares of the company’s stock valued at $166,450,000 after purchasing an additional 184,356 shares in the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

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

SPMD opened at $63.32 on Friday. The company has a market cap of $16.88 billion, a price-to-earnings ratio of 4.45 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $51.63 and a 52-week high of $65.85. The firm’s fifty day simple moving average is $61.56 and its two-hundred day simple moving average is $60.23.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.