49,633 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Bought by Retirement Planning Group LLC

Retirement Planning Group LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the third quarter, HoldingsChannel reports. The firm bought 49,633 shares of the company’s stock, valued at approximately $3,129,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Breachway Investments LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.9% in the third quarter. Breachway Investments LLC now owns 30,032 shares of the company’s stock valued at $1,893,000 after purchasing an additional 564 shares during the last quarter. Sterling Investment Counsel LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 12.8% during the 3rd quarter. Sterling Investment Counsel LLC now owns 16,750 shares of the company’s stock worth $1,056,000 after purchasing an additional 1,903 shares during the last quarter. Lockerman Financial Group Inc. raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 18.0% during the 3rd quarter. Lockerman Financial Group Inc. now owns 11,581 shares of the company’s stock worth $730,000 after purchasing an additional 1,764 shares during the last quarter. Independent Wealth Network Inc. raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.9% during the 3rd quarter. Independent Wealth Network Inc. now owns 22,350 shares of the company’s stock worth $1,409,000 after purchasing an additional 208 shares during the last quarter. Finally, SIMA Wealth Partners LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.7% in the 3rd quarter. SIMA Wealth Partners LLC now owns 41,481 shares of the company’s stock valued at $2,615,000 after buying an additional 1,473 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

SPMD stock opened at $63.42 on Tuesday. 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’s 50 day moving average price is $65.36 and its 200 day moving average price is $65.14. The firm has a market cap of $18.20 billion, a P/E ratio of 4.45 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.