AlTi Global Inc. Has $167.21 Million Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

AlTi Global Inc. trimmed its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 5.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,823,459 shares of the company’s stock after selling 162,085 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 3.6% of AlTi Global Inc.’s holdings, making the stock its 4th largest position. AlTi Global Inc. owned about 1.06% of SPDR Portfolio S&P 400 Mid Cap ETF worth $167,205,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Balefire LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 8.7% during the first quarter. Balefire LLC now owns 16,323 shares of the company’s stock valued at $967,000 after purchasing an additional 1,300 shares during the period. Koss Olinger Consulting LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 20.2% in the first quarter. Koss Olinger Consulting LLC now owns 1,063,343 shares of the company’s stock worth $62,971,000 after buying an additional 178,947 shares during the period. Hanseatic Management Services Inc. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth about $2,244,000. Ranch Capital Advisors Inc. lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.7% during the 1st quarter. Ranch Capital Advisors Inc. now owns 15,898 shares of the company’s stock valued at $942,000 after buying an additional 564 shares in the last quarter. Finally, Advisortrust Partners LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $63,000. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA:SPMD opened at $66.18 on Monday. The stock has a 50 day moving average of $65.67 and a 200 day moving average of $62.86. The company has a market cap of $18.16 billion, a PE ratio of 4.65 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $53.73 and a 12-month high of $67.68.

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.