SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Bought by 1900 Wealth Management LLC

1900 Wealth Management LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 7.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 743,705 shares of the company’s stock after buying an additional 51,897 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 2.8% of 1900 Wealth Management LLC’s portfolio, making the stock its 7th biggest position. 1900 Wealth Management LLC owned approximately 0.29% of SPDR Portfolio S&P 400 Mid Cap ETF worth $43,068,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SPMD. ORG Partners LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth approximately $25,000. Ballast Advisors LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth $26,000. Crewe Advisors LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after acquiring an additional 182 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter worth $32,000. Finally, Bernard Wealth Management Corp. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at about $32,000. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD stock opened at $59.76 on Friday. The firm has a 50-day moving average of $60.90 and a 200-day moving average of $59.02. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $63.67. The company has a market cap of $15.80 billion, a P/E ratio of 4.20 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.