Kestra Private Wealth Services LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,920 shares of the company’s stock, valued at approximately $2,075,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Mather Group LLC. acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth about $27,000. Ascentis Independent Advisors bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at approximately $29,000. Independence Bank of Kentucky acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at approximately $32,000. Curry Webb Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at approximately $33,000. Finally, EverSource Wealth Advisors LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock valued at $35,000 after buying an additional 228 shares during the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 3.9%
Shares of NYSEARCA SPMD opened at $62.78 on Friday. The business’s 50 day moving average is $64.46 and its two-hundred day moving average is $64.04. The company has a market cap of $18.21 billion, a P/E ratio of 4.41 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $54.53 and a 12 month high of $68.97.
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.
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