IFP Advisors Inc Has $3.47 Million Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

IFP Advisors Inc grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 5.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,887 shares of the company’s stock after purchasing an additional 3,261 shares during the period. IFP Advisors Inc’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $3,474,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in SPMD. IAG Wealth Partners LLC increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 7.5% in the 1st quarter. IAG Wealth Partners LLC now owns 196,673 shares of the company’s stock valued at $10,066,000 after purchasing an additional 13,772 shares during the period. Vicus Capital increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.6% in the 1st quarter. Vicus Capital now owns 14,636 shares of the company’s stock valued at $749,000 after purchasing an additional 366 shares during the period. PSI Advisors LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.7% in the 1st quarter. PSI Advisors LLC now owns 191,919 shares of the company’s stock valued at $9,822,000 after buying an additional 6,848 shares in the last quarter. Lumbard & Kellner LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 72.8% in the first quarter. Lumbard & Kellner LLC now owns 177,385 shares of the company’s stock worth $9,079,000 after buying an additional 74,750 shares during the last quarter. Finally, Citizens & Northern Corp raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 3.8% during the first quarter. Citizens & Northern Corp now owns 291,195 shares of the company’s stock valued at $14,903,000 after acquiring an additional 10,682 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

Shares of SPMD opened at $55.44 on Friday. The firm has a market cap of $14.00 billion, a PE ratio of 3.89 and a beta of 1.13. The firm’s 50 day moving average price is $56.80 and its 200 day moving average price is $53.96. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.94.

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.