Concurrent Investment Advisors LLC Invests $2.12 Million in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Concurrent Investment Advisors LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 36,539 shares of the company’s stock, valued at approximately $2,116,000.

Other institutional investors and hedge funds have also modified their holdings of the company. ORG Partners LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth $25,000. Ballast Advisors LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth $26,000. Crewe Advisors LLC lifted 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 buying an additional 182 shares in the last quarter. Stone House Investment Management LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the 4th quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock worth $31,000 after buying an additional 197 shares in the last quarter. Finally, Optima Capital LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth $33,000. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA:SPMD opened at $63.23 on Wednesday. The stock’s fifty day moving average price is $61.24 and its two-hundred day moving average price is $59.69. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $48.85 and a 52-week high of $64.91. The company has a market cap of $16.88 billion, a price-to-earnings ratio of 4.44 and a beta of 1.04.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.