Farther Finance Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 6.2% in the third quarter, Holdings Channel reports. The institutional investor owned 947,740 shares of the company’s stock after acquiring an additional 55,381 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $59,746,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Auto Owners Insurance Co lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% during the 4th quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock worth $4,461,016,000 after purchasing an additional 75,993,600 shares during the last quarter. TSG Advice Partners LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 2,502.0% in the first quarter. TSG Advice Partners LLC now owns 476,138 shares of the company’s stock worth $28,197,000 after purchasing an additional 457,839 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 4,488,056 shares of the company’s stock worth $303,213,000 after purchasing an additional 340,186 shares in the last quarter. Gradient Investments LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at about $12,294,000. Finally, Koss Olinger Consulting LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 20.2% during the first quarter. Koss Olinger Consulting LLC now owns 1,063,343 shares of the company’s stock valued at $62,971,000 after buying an additional 178,947 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 0.3%
Shares of NYSEARCA:SPMD traded up $0.21 during trading on Thursday, reaching $63.97. The stock had a trading volume of 2,357,333 shares, compared to its average volume of 2,276,824. The firm’s 50-day simple moving average is $65.89 and its 200 day simple moving average is $64.85. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $54.53 and a one year high of $68.97. The company has a market capitalization of $18.21 billion, a P/E ratio of 4.49 and a beta of 1.02.
About SPDR Portfolio S&P 400 Mid Cap ETF
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.
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Want to see what other hedge funds are holding SPMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report).
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