Vivaldi Capital Management LP Grows Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Vivaldi Capital Management LP increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 11.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 147,263 shares of the company’s stock after acquiring an additional 14,736 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 1.2% of Vivaldi Capital Management LP’s portfolio, making the stock its 22nd largest holding. Vivaldi Capital Management LP owned approximately 0.06% of SPDR Portfolio S&P 400 Mid Cap ETF worth $8,721,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at about $29,000. Realta Investment Advisors lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% in the first quarter. Realta Investment Advisors now owns 513 shares of the company’s stock worth $30,000 after buying an additional 340 shares in the last quarter. Crewe Advisors LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after buying an additional 182 shares during the last quarter. Stone House Investment Management LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after buying an additional 197 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at approximately $31,000. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA:SPMD opened at $66.38 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $53.73 and a 1 year high of $67.68. The stock’s 50 day simple moving average is $65.87 and its two-hundred day simple moving average is $63.11. The company has a market cap of $18.32 billion, a price-to-earnings ratio of 4.66 and a beta of 1.00.

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.