Retirement Financial Solutions LLC Takes $16.09 Million Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Retirement Financial Solutions LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 281,292 shares of the company’s stock, valued at approximately $16,087,000. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 9.8% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 2nd biggest position. Retirement Financial Solutions LLC owned approximately 0.11% of SPDR Portfolio S&P 400 Mid Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Fifth Third Wealth Advisors LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 46.9% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 13,407 shares of the company’s stock worth $767,000 after buying an additional 4,278 shares during the period. Global Retirement Partners LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.6% during the third quarter. Global Retirement Partners LLC now owns 477,131 shares of the company’s stock valued at $27,287,000 after acquiring an additional 2,745 shares in the last quarter. Synergy Asset Management LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 200.0% during the third quarter. Synergy Asset Management LLC now owns 11,273 shares of the company’s stock valued at $624,000 after acquiring an additional 7,515 shares in the last quarter. Tradewinds Capital Management LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 5.0% in the third quarter. Tradewinds Capital Management LLC now owns 56,334 shares of the company’s stock worth $3,222,000 after acquiring an additional 2,693 shares during the period. Finally, Simon Quick Advisors LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at $1,343,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 1.4%

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $58.70 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $59.78. The company has a market cap of $15.21 billion, a P/E ratio of 4.12 and a beta of 1.07. The company’s fifty day simple moving average is $57.64 and its two-hundred day simple moving average is $56.75.

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.