SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Stock Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 6.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 947,740 shares of the company’s stock after purchasing an additional 55,381 shares during the period. Farther Finance Advisors LLC owned approximately 0.33% of SPDR Portfolio S&P 400 Mid Cap ETF worth $59,746,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SPMD. YHB Investment Advisors Inc. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth approximately $214,000. Titleist Asset Management LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 41.2% during the 3rd quarter. Titleist Asset Management LLC now owns 6,361 shares of the company’s stock valued at $401,000 after buying an additional 1,856 shares during the period. Apella Capital LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 9.9% during the 3rd quarter. Apella Capital LLC now owns 22,871 shares of the company’s stock valued at $1,458,000 after buying an additional 2,055 shares during the period. Gradient Investments LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter worth $12,294,000. Finally, Avidian Wealth Enterprises LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter worth $9,372,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA SPMD traded up $0.21 on Thursday, hitting $63.97. 2,357,333 shares of the stock were exchanged, compared to its average volume of 2,276,824. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $54.53 and a 52-week high of $68.97. The firm has a market capitalization of $18.21 billion, a P/E ratio of 4.49 and a beta of 1.02. The stock has a fifty day moving average price of $65.89 and a two-hundred day moving average price of $64.85.

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.