TSG Advice Partners LLC Acquires 541,217 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

TSG Advice Partners LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 541,217 shares of the company’s stock, valued at approximately $36,565,000. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 4.9% of TSG Advice Partners LLC’s holdings, making the stock its 9th biggest position. TSG Advice Partners LLC owned 0.19% of SPDR Portfolio S&P 400 Mid Cap ETF as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Fifth Third Bancorp boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% in the 1st quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock valued at $16,806,000 after purchasing an additional 53,264 shares in the last quarter. Waverly Advisors LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 12.4% during the 1st quarter. Waverly Advisors LLC now owns 467,052 shares of the company’s stock worth $27,659,000 after buying an additional 51,578 shares in the last quarter. Kestra Advisory Services LLC raised its stake in shares of 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 worth $2,881,000 after buying an additional 14,210 shares in the last quarter. Luken Investment Analytics LLC raised its stake in shares of 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 worth $4,845,000 after buying an additional 17,271 shares in the last quarter. Finally, Montz Harcus Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 7.1% during the 2nd quarter. Montz Harcus Wealth Management LLC now owns 257,179 shares of the company’s stock worth $17,375,000 after buying an additional 17,084 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD opened at $64.73 on Tuesday. The business has a 50 day simple moving average of $64.61 and a 200-day simple moving average of $64.00. The stock has a market capitalization of $18.76 billion, a P/E ratio of 4.55 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $54.53 and a 12 month high of $68.97.

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.