Facet Wealth Inc. Acquires 184,356 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Facet Wealth Inc. grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 6.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,910,476 shares of the company’s stock after buying an additional 184,356 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for about 3.4% of Facet Wealth Inc.’s investment portfolio, making the stock its 7th largest holding. Facet Wealth Inc. owned about 1.15% of SPDR Portfolio S&P 400 Mid Cap ETF worth $166,450,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ORG Partners LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at $25,000. Compass Financial Services Inc acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at about $30,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth about $32,000. Bernard Wealth Management Corp. acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter worth about $32,000. Finally, Pineridge Advisors LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth about $37,000. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.0%

Shares of NYSEARCA SPMD opened at $61.73 on Friday. The stock’s 50 day moving average price is $58.72 and its two-hundred day moving average price is $57.34. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $43.99 and a 52-week high of $62.33. The stock has a market capitalization of $16.14 billion, a P/E ratio of 4.33 and a beta of 1.07.

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.