SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Stock Acquired by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 7.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 324,630 shares of the company’s stock after buying an additional 21,236 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 1.6% of Shepherd Financial Partners LLC’s investment portfolio, making the stock its 15th largest position. Shepherd Financial Partners LLC owned approximately 0.11% of SPDR Portfolio S&P 400 Mid Cap ETF worth $20,465,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Certified Advisory Corp raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 4.7% in the third quarter. Certified Advisory Corp now owns 3,683 shares of the company’s stock worth $232,000 after acquiring an additional 165 shares in the last quarter. Garrett Wealth Advisory Group LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.5% during the 3rd quarter. Garrett Wealth Advisory Group LLC now owns 11,824 shares of the company’s stock valued at $745,000 after purchasing an additional 172 shares in the last quarter. Independent Wealth Network Inc. boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.9% during the 3rd quarter. Independent Wealth Network Inc. now owns 22,350 shares of the company’s stock valued at $1,409,000 after purchasing an additional 208 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,391 shares of the company’s stock worth $216,000 after purchasing an additional 214 shares during the last quarter. Finally, Team Financial Group LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.5% in the 1st quarter. Team Financial Group LLC now owns 2,088 shares of the company’s stock worth $124,000 after purchasing an additional 216 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 Price Performance

NYSEARCA SPMD opened at $63.17 on Friday. The company’s 50 day simple moving average is $64.38 and its 200 day simple moving average is $64.06. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $54.53 and a 12 month high of $68.97. The company has a market capitalization of $18.39 billion, a P/E ratio of 4.44 and a beta of 1.01.

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.