SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Bought by L2 Asset Management LLC

L2 Asset Management LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 110.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,953 shares of the company’s stock after purchasing an additional 10,468 shares during the quarter. L2 Asset Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,155,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ballast Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth about $26,000. Crewe Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after purchasing an additional 182 shares in the last quarter. Stone House Investment Management LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock worth $31,000 after purchasing an additional 197 shares in the last quarter. Elyxium Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth about $31,000. Finally, Optima Capital LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth about $33,000. 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 opened at $66.75 on Wednesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $52.46 and a 12 month high of $67.68. The stock has a market cap of $17.80 billion, a PE ratio of 4.69 and a beta of 1.01. The stock’s 50-day moving average is $64.14 and its two-hundred day moving average is $61.57.

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.