Wealthspire Advisors LLC Grows Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Wealthspire Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,018 shares of the company’s stock after acquiring an additional 4,251 shares during the quarter. Wealthspire Advisors LLC owned approximately 0.07% of SPDR Portfolio S&P 400 Mid Cap ETF worth $9,137,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SPMD. Bank of New York Mellon Corp lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 113.6% in the 1st quarter. Bank of New York Mellon Corp now owns 16,980 shares of the company’s stock valued at $869,000 after acquiring an additional 9,029 shares during the last quarter. Crestwood Advisors Group LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth about $3,476,000. Madison Asset Management LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 0.6% in the 1st quarter. Madison Asset Management LLC now owns 48,524 shares of the company’s stock worth $2,483,000 after buying an additional 302 shares during the period. Richardson Financial Services Inc. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 9.6% during the first quarter. Richardson Financial Services Inc. now owns 19,838 shares of the company’s stock valued at $1,015,000 after acquiring an additional 1,739 shares in the last quarter. Finally, Motco bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at $788,000. 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 opened at $55.40 on Wednesday. The firm has a market cap of $13.88 billion, a P/E ratio of 3.89 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $59.94. The firm has a 50-day simple moving average of $57.08 and a 200-day simple moving average of $55.55.

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.