Nadler Financial Group Inc. Makes New Investment in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Nadler Financial Group Inc. bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 55,642 shares of the company’s stock, valued at approximately $3,508,000.

A number of other hedge funds also recently added to or reduced their stakes in SPMD. Mather Group LLC. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth about $27,000. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth about $29,000. Realta Investment Advisors increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% in the 1st quarter. Realta Investment Advisors now owns 513 shares of the company’s stock worth $30,000 after acquiring an additional 340 shares during the period. Curry Webb Wealth Management LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at about $33,000. Finally, EverSource Wealth Advisors LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock valued at $35,000 after purchasing an additional 228 shares during the last quarter. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA:SPMD opened at $63.40 on Monday. The company’s 50-day moving average price is $64.98 and its 200 day moving average price is $65.25. The company has a market cap of $18.29 billion, a PE ratio of 4.45 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $54.53 and a fifty-two week high of $68.97.

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.