Retirement Financial Solutions LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 32.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 371,967 shares of the company’s stock after acquiring an additional 90,675 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up 6.3% of Retirement Financial Solutions LLC’s holdings, making the stock its 5th biggest holding. Retirement Financial Solutions LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $21,541,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Creative Planning grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock worth $5,030,779,000 after acquiring an additional 4,903,905 shares in the last quarter. LPL Financial LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% in the fourth quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock worth $743,823,000 after acquiring an additional 173,911 shares in the last quarter. Morgan Stanley grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% in the fourth quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after acquiring an additional 6,634,293 shares in the last quarter. Valmark Advisers Inc. grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% in the fourth quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock worth $407,787,000 after acquiring an additional 204,651 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 3.9% in the third quarter. HighTower Advisors LLC now owns 3,332,046 shares of the company’s stock worth $190,560,000 after acquiring an additional 125,678 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
SPMD opened at $66.68 on Monday. The firm has a market cap of $17.78 billion, a P/E ratio of 4.68 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $52.46 and a 12 month high of $66.99. The stock has a 50-day moving average of $63.85 and a 200 day moving average of $61.45.
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.
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Want to see what other hedge funds are holding SPMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report).
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