Gilpin Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 10,339 shares of the company’s stock, valued at approximately $599,000.
Several other institutional investors and hedge funds also recently bought and sold shares of SPMD. CarsonAllaria Wealth Management Ltd. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in 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. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% in 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. Breakwater Capital Group grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% in 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. Davis R M Inc. bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at approximately $621,000. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at approximately $2,116,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
Shares of NYSEARCA SPMD opened at $64.57 on Thursday. The stock has a market cap of $17.22 billion, a price-to-earnings ratio of 4.53 and a beta of 1.01. The business has a 50 day simple moving average of $63.57 and a 200 day simple moving average of $61.30. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $52.46 and a 52 week high of $66.31.
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.
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