Worth Asset Management LLC Acquires Shares of 22,350 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Worth Asset Management LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 22,350 shares of the company’s stock, valued at approximately $1,324,000.

A number of other institutional investors have also recently modified their holdings of the business. CarsonAllaria Wealth Management Ltd. increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in the fourth 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. lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% during 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 lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% during 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. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at approximately $621,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at $2,116,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA SPMD opened at $66.65 on Tuesday. The firm has a market cap of $17.77 billion, a PE ratio of 4.68 and a beta of 1.01. The firm has a fifty day moving average of $64.57 and a 200 day moving average of $61.82. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $52.46 and a one year high of $67.68.

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.