Nadler Financial Group Inc. Makes New Investment in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Nadler Financial Group Inc. bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 55,642 shares of the company’s stock, valued at approximately $3,508,000.

Several other large investors have also recently bought and sold shares of the stock. Fifth Third Bancorp raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% during the first quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock worth $16,806,000 after purchasing an additional 53,264 shares in the last quarter. Waverly Advisors LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 12.4% in the first quarter. Waverly Advisors LLC now owns 467,052 shares of the company’s stock worth $27,659,000 after purchasing an additional 51,578 shares during the period. Kestra Advisory Services LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 41.3% during the 1st quarter. Kestra Advisory Services LLC now owns 48,644 shares of the company’s stock valued at $2,881,000 after purchasing an additional 14,210 shares in the last quarter. Luken Investment Analytics LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 31.7% during the 2nd quarter. Luken Investment Analytics LLC now owns 71,712 shares of the company’s stock valued at $4,845,000 after purchasing an additional 17,271 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 8.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 516,571 shares of the company’s stock valued at $34,900,000 after purchasing an additional 38,644 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 Stock Performance

Shares of SPMD stock opened at $63.40 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $54.53 and a 1 year high of $68.97. The stock has a market cap of $18.29 billion, a PE ratio of 4.45 and a beta of 1.02. The business’s fifty day moving average is $64.98 and its 200-day moving average is $65.25.

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.