SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Position Raised by TPG Financial Advisors LLC

TPG Financial Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 15.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 206,071 shares of the company’s stock after purchasing an additional 27,392 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 4.0% of TPG Financial Advisors LLC’s portfolio, making the stock its 7th largest position. TPG Financial Advisors LLC owned approximately 0.08% of SPDR Portfolio S&P 400 Mid Cap ETF worth $11,934,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SPMD. CarsonAllaria Wealth Management Ltd. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock worth $5,587,000 after purchasing an additional 10,034 shares in the last quarter. Cahaba Wealth Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% in the fourth quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock worth $26,161,000 after buying an additional 14,242 shares during the last quarter. Breakwater Capital Group increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% in the 4th quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock worth $2,361,000 after purchasing an additional 27,478 shares in the last quarter. Bensler LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 5.0% in the 3rd quarter. Bensler LLC now owns 210,796 shares of the company’s stock worth $12,055,000 after purchasing an additional 10,026 shares during the period. Finally, Davis R M Inc. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at about $621,000. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 1.0%

Shares of SPMD opened at $62.64 on Wednesday. The business’s 50 day moving average is $61.66 and its 200 day moving average is $60.32. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $51.63 and a 12-month high of $65.85. The company has a market capitalization of $16.70 billion, a PE ratio of 4.40 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.