SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Position Lifted by TPG Financial Advisors LLC

TPG Financial Advisors LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 15.3% in the 4th quarter, HoldingsChannel reports. The fund owned 206,071 shares of the company’s stock after purchasing an additional 27,392 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises 4.0% of TPG Financial Advisors LLC’s investment portfolio, making the stock its 7th largest position. TPG Financial Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $11,934,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Creative Planning boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock worth $5,030,779,000 after buying an additional 4,903,905 shares during the last quarter. Greenleaf Trust lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1,293.1% in the fourth quarter. Greenleaf Trust now owns 801,325 shares of the company’s stock valued at $46,405,000 after acquiring an additional 743,806 shares during the period. Thrivent Financial for Lutherans lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4,299.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 663,452 shares of the company’s stock valued at $38,429,000 after acquiring an additional 648,370 shares during the period. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock worth $181,278,000 after purchasing an additional 471,708 shares in the last quarter. Finally, Corient Private Wealth LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 117.8% during the 2nd quarter. Corient Private Wealth LLC now owns 846,902 shares of the company’s stock worth $46,055,000 after purchasing an additional 458,086 shares during the period. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA:SPMD opened at $62.64 on Wednesday. The company has a 50 day moving average price of $61.66 and a 200-day moving average price of $60.32. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $51.63 and a 1-year high of $65.85. The firm has a market cap of $16.70 billion, a price-to-earnings ratio of 4.40 and a beta of 1.02.

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.