Jordan Park Group LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 8,698 shares of the company’s stock, valued at approximately $504,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock valued at $5,587,000 after buying an additional 10,034 shares during the period. Cahaba Wealth Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% in the fourth quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock valued at $26,161,000 after buying an additional 14,242 shares during the period. Breakwater Capital Group boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% in the fourth quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock valued at $2,361,000 after buying an additional 27,478 shares during the period. Davis R M Inc. acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $621,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at approximately $2,116,000. Institutional investors and hedge funds own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Price Performance
SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $65.41 on Monday. The stock has a market capitalization of $17.44 billion, a PE ratio of 4.59 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $51.87 and a twelve month high of $65.85. The company has a 50 day moving average of $62.50 and a 200-day moving average of $60.77.
SPDR Portfolio S&P 400 Mid Cap ETF 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.
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