Fell Capital Management ADV Makes New Investment in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Fell Capital Management ADV purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the third quarter, Holdings Channel reports. The fund purchased 19,065 shares of the company’s stock, valued at approximately $1,202,000.

Several other hedge funds also recently made changes to their positions in the company. Auto Owners Insurance Co lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% in the fourth quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock worth $4,461,016,000 after acquiring an additional 75,993,600 shares during the last quarter. Valmark Advisers Inc. increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% during the first quarter. Valmark Advisers Inc. now owns 7,215,287 shares of the company’s stock valued at $427,289,000 after purchasing an additional 173,551 shares during the period. Envestnet Asset Management Inc. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% during the 2nd 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 during the period. Texas Permanent School Fund Corp boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% in the fourth quarter. Texas Permanent School Fund Corp now owns 2,994,283 shares of the company’s stock valued at $173,399,000 after acquiring an additional 12,240 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.1% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,230,591 shares of the company’s stock valued at $83,139,000 after acquiring an additional 48,386 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA SPMD opened at $64.33 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $54.53 and a 12 month high of $68.97. The firm has a market capitalization of $18.31 billion, a PE ratio of 4.52 and a beta of 1.02. The company’s 50 day simple moving average is $65.82 and its 200 day simple moving average is $64.89.

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.