VCI Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 154.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,303 shares of the company’s stock after acquiring an additional 8,675 shares during the quarter. VCI Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $847,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in SPMD. Creative Planning raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the 3rd quarter. Creative Planning now owns 87,966,062 shares of the company’s stock valued at $5,030,779,000 after acquiring an additional 4,903,905 shares in the last quarter. Auto Owners Insurance Co boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% during the fourth quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock worth $4,461,016,000 after purchasing an additional 75,993,600 shares during the period. LPL Financial LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% during the fourth quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock valued at $743,823,000 after purchasing an additional 173,911 shares during the last quarter. Morgan Stanley grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% during the fourth quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock valued at $568,923,000 after purchasing an additional 6,634,293 shares during the last quarter. Finally, Valmark Advisers Inc. raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% in the fourth quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock valued at $407,787,000 after purchasing an additional 204,651 shares during the period. Institutional investors and hedge funds own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.3%
NYSEARCA SPMD opened at $66.76 on Friday. The company has a fifty day simple moving average of $64.90 and a 200 day simple moving average of $62.02. The company has a market cap of $17.80 billion, a P/E ratio of 4.69 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $53.73 and a 1 year high of $67.68.
SPDR Portfolio S&P 400 Mid Cap ETF 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.
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