SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Acquired by Cahaba Wealth Management Inc.

Cahaba Wealth Management Inc. increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 451,746 shares of the company’s stock after purchasing an additional 14,242 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for about 1.8% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 13th largest holding. Cahaba Wealth Management Inc. owned approximately 0.17% of SPDR Portfolio S&P 400 Mid Cap ETF worth $26,161,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Creative Planning grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% during the third 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 period. Valmark Advisers Inc. increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.9% in the third quarter. Valmark Advisers Inc. now owns 6,837,085 shares of the company’s stock worth $391,013,000 after acquiring an additional 193,168 shares in the last quarter. CWM LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.7% in the 3rd quarter. CWM LLC now owns 4,728,484 shares of the company’s stock valued at $270,422,000 after acquiring an additional 33,612 shares during the period. HighTower Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.9% during the 3rd quarter. HighTower Advisors LLC now owns 3,332,046 shares of the company’s stock valued at $190,560,000 after acquiring an additional 125,678 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock valued at $181,278,000 after acquiring an additional 471,708 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 2.2%

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $57.91 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $63.67. The stock has a market cap of $15.19 billion, a price-to-earnings ratio of 4.07 and a beta of 1.07. The company has a fifty day moving average price of $61.33 and a 200 day moving average price of $58.92.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.