Merit Financial Group LLC Has $1.28 Million Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Merit Financial Group LLC lowered its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 35.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 22,021 shares of the company’s stock after selling 12,336 shares during the period. Merit Financial Group LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,275,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPMD. Creative Planning lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the 3rd quarter. Creative Planning now owns 87,966,062 shares of the company’s stock worth $5,030,779,000 after purchasing an additional 4,903,905 shares during the period. Greenleaf Trust lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1,293.1% in the 4th quarter. Greenleaf Trust now owns 801,325 shares of the company’s stock worth $46,405,000 after purchasing an additional 743,806 shares during the period. Vicus Capital lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4,002.1% in the 3rd quarter. Vicus Capital now owns 642,672 shares of the company’s stock worth $36,754,000 after purchasing an additional 627,005 shares during the period. Miracle Mile Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at $30,526,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock valued at $181,278,000 after acquiring an additional 471,708 shares during the period. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.0%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $63.69 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $48.79 and a 12-month high of $64.91. The firm’s fifty day moving average is $61.18 and its 200 day moving average is $59.52. The company has a market capitalization of $16.94 billion, a PE ratio of 4.47 and a beta of 1.04.

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.