Nottingham Advisors Inc. Acquires New Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Nottingham Advisors Inc. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 175,853 shares of the company’s stock, valued at approximately $11,199,000. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 1.4% of Nottingham Advisors Inc.’s portfolio, making the stock its 21st biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Valmark Advisers Inc. grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% in the first quarter. Valmark Advisers Inc. now owns 7,215,287 shares of the company’s stock worth $427,289,000 after purchasing an additional 173,551 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 4,488,056 shares of the company’s stock valued at $303,213,000 after buying an additional 340,186 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 4.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,230,591 shares of the company’s stock valued at $83,139,000 after buying an additional 48,386 shares in the last quarter. Greenleaf Trust acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at approximately $65,741,000. Finally, Koss Olinger Consulting LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 20.2% during the 1st quarter. Koss Olinger Consulting LLC now owns 1,063,343 shares of the company’s stock worth $62,971,000 after buying an additional 178,947 shares during the last quarter. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.8%

Shares of SPMD opened at $64.73 on Tuesday. The firm has a market cap of $18.76 billion, a price-to-earnings ratio of 4.55 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $54.53 and a 52 week high of $68.97. The stock has a 50 day moving average of $64.61 and a 200-day moving average of $64.00.

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.