SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Stock Position Increased by Ellenbecker Investment Group

Ellenbecker Investment Group raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 8.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 319,006 shares of the company’s stock after buying an additional 24,143 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 2.7% of Ellenbecker Investment Group’s investment portfolio, making the stock its 9th biggest holding. Ellenbecker Investment Group’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $18,244,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Russell Investments Group Ltd. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth about $59,000. Oarsman Capital Inc. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 24.9% during the 1st quarter. Oarsman Capital Inc. now owns 149,902 shares of the company’s stock valued at $7,672,000 after purchasing an additional 29,870 shares in the last quarter. Taylor & Morgan Wealth Management LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth about $416,000. Peterson Wealth Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.5% in the second quarter. Peterson Wealth Advisors LLC now owns 696,729 shares of the company’s stock worth $37,888,000 after buying an additional 10,347 shares in the last quarter. Finally, Gradient Investments LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 125.2% during the second quarter. Gradient Investments LLC now owns 35,024 shares of the company’s stock valued at $1,905,000 after buying an additional 19,472 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.5%

Shares of SPMD opened at $59.16 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.78. The company has a market capitalization of $14.82 billion, a P/E ratio of 4.15 and a beta of 1.07. The firm has a 50 day moving average of $57.36 and a 200 day moving average of $56.42.

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.