Western Wealth Management LLC Has $12.82 Million Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Western Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 18.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 216,438 shares of the company’s stock after acquiring an additional 34,458 shares during the period. Western Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $12,817,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ascentis Independent Advisors bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $29,000. Realta Investment Advisors increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% in the first quarter. Realta Investment Advisors now owns 513 shares of the company’s stock worth $30,000 after purchasing an additional 340 shares in the last quarter. Stone House Investment Management LLC increased its holdings 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 worth $31,000 after purchasing an additional 197 shares in the last quarter. Elyxium Wealth LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter worth approximately $31,000. Finally, Optima Capital LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at approximately $33,000. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $65.98 on Friday. The stock has a market capitalization of $18.25 billion, a price-to-earnings ratio of 4.63 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $53.73 and a 52-week high of $67.68. The stock’s 50 day moving average price is $66.12 and its two-hundred day moving average price is $63.32.

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.