Benchmark Financial LLC Invests $3.66 Million in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Benchmark Financial LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 63,171 shares of the company’s stock, valued at approximately $3,658,000. SPDR Portfolio S&P 400 Mid Cap ETF comprises 3.6% of Benchmark Financial LLC’s portfolio, making the stock its 9th biggest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Belpointe Asset Management LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 203.0% in the fourth quarter. Belpointe Asset Management LLC now owns 27,985 shares of the company’s stock valued at $1,621,000 after buying an additional 18,750 shares during the period. Global Financial Private Client LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.7% in the fourth quarter. Global Financial Private Client LLC now owns 14,690 shares of the company’s stock valued at $851,000 after buying an additional 654 shares during the period. Wealth Enhancement Trust Services Inc. acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at approximately $2,294,000. Latitude Advisors LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 14.9% in the fourth quarter. Latitude Advisors LLC now owns 5,209 shares of the company’s stock valued at $302,000 after buying an additional 674 shares during the period. Finally, River Street Advisors LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.1% in the fourth quarter. River Street Advisors LLC now owns 16,346 shares of the company’s stock valued at $947,000 after buying an additional 340 shares during the period. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $63.92 on Monday. The business has a 50 day moving average of $61.08 and a 200-day moving average of $59.37. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $46.53 and a 1 year high of $64.33. The company has a market capitalization of $16.93 billion, a P/E ratio of 4.49 and a beta of 1.04.

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.