Vivaldi Capital Management LP Acquires 14,736 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Vivaldi Capital Management LP increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 11.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,263 shares of the company’s stock after acquiring an additional 14,736 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 1.2% of Vivaldi Capital Management LP’s investment portfolio, making the stock its 22nd biggest position. Vivaldi Capital Management LP’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $8,721,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Renaissance Technologies LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter valued at approximately $4,542,000. Lido Advisors LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 6.7% during the first quarter. Lido Advisors LLC now owns 255,766 shares of the company’s stock worth $15,146,000 after buying an additional 16,104 shares during the period. Cetera Investment Advisers boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.9% during the first quarter. Cetera Investment Advisers now owns 274,600 shares of the company’s stock worth $16,262,000 after buying an additional 7,845 shares during the period. Signature Equity Partners LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at $42,000. Finally, Alesco Advisors LLC An ESL Co increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 14.9% during the first quarter. Alesco Advisors LLC An ESL Co now owns 48,207 shares of the company’s stock valued at $2,855,000 after acquiring an additional 6,265 shares during the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.4%

Shares of SPMD opened at $66.38 on Friday. The company’s fifty day simple moving average is $65.87 and its 200-day simple moving average is $63.11. The company has a market cap of $18.32 billion, a P/E ratio of 4.66 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $53.73 and a twelve month high of $67.68.

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.