Hanseatic Management Services Inc. Buys 34,419 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Hanseatic Management Services Inc. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 34,419 shares of the company’s stock, valued at approximately $2,170,000. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 1.4% of Hanseatic Management Services Inc.’s portfolio, making the stock its 21st biggest position.

A number of other large investors have also bought and sold shares of SPMD. Valmark Advisers Inc. boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% during the 1st quarter. Valmark Advisers Inc. now owns 7,215,287 shares of the company’s stock worth $427,289,000 after purchasing an additional 173,551 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% in 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. Wealthcare Advisory Partners LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.1% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,230,591 shares of the company’s stock valued at $83,139,000 after buying an additional 48,386 shares during the period. Koss Olinger Consulting LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 20.2% in the 1st 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 in the last quarter. Finally, Farther Finance Advisors LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 6.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 947,740 shares of the company’s stock valued at $59,746,000 after buying an additional 55,381 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPMD stock opened at $64.24 on Thursday. The stock’s 50 day simple moving average is $64.77 and its 200 day simple moving average is $63.94. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $54.53 and a fifty-two week high of $68.97. The company has a market cap of $18.60 billion, a P/E ratio of 4.51 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.