Hanseatic Management Services Inc. Purchases 34,419 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Hanseatic Management Services Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 34,419 shares of the company’s stock, valued at approximately $2,170,000. SPDR Portfolio S&P 400 Mid Cap ETF makes up 1.4% of Hanseatic Management Services Inc.’s investment portfolio, making the stock its 21st biggest position.

Several other institutional investors have also recently bought and sold shares of SPMD. Mather Group LLC. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at $27,000. Ascentis Independent Advisors acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at about $29,000. Independence Bank of Kentucky acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at about $32,000. Curry Webb Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% during the first quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock worth $35,000 after acquiring an additional 228 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA:SPMD opened at $64.24 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $54.53 and a one year high of $68.97. The company has a market cap of $18.60 billion, a PE ratio of 4.51 and a beta of 1.02. The firm has a 50-day moving average of $64.77 and a 200-day moving average of $63.94.

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.