161,400 Shares in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 161,400 shares of the company’s stock, valued at approximately $9,558,000. Louisiana State Employees Retirement System owned approximately 0.06% of SPDR Portfolio S&P 400 Mid Cap ETF at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SPMD. CarsonAllaria Wealth Management Ltd. lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock valued at $5,587,000 after purchasing an additional 10,034 shares during the last quarter. Cahaba Wealth Management Inc. grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% during the 4th quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock worth $26,161,000 after buying an additional 14,242 shares during the last quarter. Breakwater Capital Group increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% during the fourth quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock worth $2,361,000 after buying an additional 27,478 shares during the period. Concurrent Investment Advisors LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth approximately $2,116,000. Finally, Davis R M Inc. purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $621,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.9%

SPMD stock opened at $66.98 on Friday. The company has a market capitalization of $17.86 billion, a P/E ratio of 4.70 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $53.68 and a twelve month high of $67.68. The business has a 50 day simple moving average of $64.82 and a 200-day simple moving average of $61.99.

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.