Nicolet Advisory Services LLC Reduces Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Nicolet Advisory Services LLC reduced its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 30.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,482 shares of the company’s stock after selling 9,214 shares during the period. Nicolet Advisory Services LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning boosted 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 worth $5,030,779,000 after buying an additional 4,903,905 shares during the last quarter. LPL Financial LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock worth $743,823,000 after buying an additional 173,911 shares during the last quarter. Morgan Stanley boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% in the 4th quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after buying an additional 6,634,293 shares during the last quarter. Valmark Advisers Inc. boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% in the 4th quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock worth $407,787,000 after buying an additional 204,651 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.9% in the 3rd quarter. HighTower Advisors LLC now owns 3,332,046 shares of the company’s stock worth $190,560,000 after buying an additional 125,678 shares during the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD stock opened at $66.68 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $52.46 and a 1 year high of $66.99. The stock’s fifty day moving average price is $63.85 and its 200-day moving average price is $61.41. The company has a market cap of $17.78 billion, a P/E ratio of 4.68 and a beta of 1.01.

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.