VCI Wealth Management LLC Buys Shares of 26,381 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

VCI Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 26,381 shares of the company’s stock, valued at approximately $1,509,000.

A number of other hedge funds have also modified their holdings of SPMD. CWM LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 0.7% in the 3rd quarter. CWM LLC now owns 4,728,484 shares of the company’s stock valued at $270,422,000 after buying an additional 33,612 shares during the period. Higgins & Schmidt Wealth Strategies LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.4% during the third quarter. Higgins & Schmidt Wealth Strategies LLC now owns 208,472 shares of the company’s stock worth $11,923,000 after buying an additional 4,791 shares during the period. Norden Group LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at about $220,000. World Investment Advisors increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 7.8% during the third quarter. World Investment Advisors now owns 16,049 shares of the company’s stock valued at $918,000 after acquiring an additional 1,165 shares during the last quarter. Finally, Private Trust Co. NA raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.7% in the 3rd quarter. Private Trust Co. NA now owns 20,120 shares of the company’s stock valued at $1,151,000 after acquiring an additional 710 shares during the period. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock opened at $59.08 on Friday. The firm has a market cap of $14.80 billion, a P/E ratio of 4.15 and a beta of 1.07. The firm’s 50 day moving average price is $57.49 and its 200-day moving average price is $56.50. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $59.78.

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.