Alesco Advisors LLC Raises Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Alesco Advisors LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 45.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,942 shares of the company’s stock after purchasing an additional 13,140 shares during the quarter. Alesco Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,429,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock valued at $5,587,000 after buying an additional 10,034 shares in the last quarter. Cahaba Wealth Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% during the 4th quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock valued at $26,161,000 after buying an additional 14,242 shares in the last quarter. Bensler LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.0% during the 3rd quarter. Bensler LLC now owns 210,796 shares of the company’s stock valued at $12,055,000 after buying an additional 10,026 shares in the last quarter. Davis R M Inc. bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at $621,000. Finally, Breakwater Capital Group boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% during the 4th quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock valued at $2,361,000 after buying an additional 27,478 shares in the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.4%

Shares of SPMD stock opened at $63.70 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $48.65 and a 12 month high of $64.91. The stock has a market cap of $16.94 billion, a PE ratio of 4.47 and a beta of 1.04. The company’s fifty day moving average price is $61.14 and its 200-day moving average price is $59.49.

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.