Nadler Financial Group Inc. Acquires New Shares in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Nadler Financial Group Inc. bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 21,900 shares of the company’s stock, valued at approximately $1,297,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. CarsonAllaria Wealth Management Ltd. boosted 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 purchasing an additional 10,034 shares in the last quarter. Cahaba Wealth Management Inc. increased its position in 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 worth $26,161,000 after purchasing an additional 14,242 shares in the last quarter. Breakwater Capital Group lifted its stake in 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 purchasing an additional 27,478 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at approximately $2,116,000. Finally, Farther Finance Advisors LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 14.3% in the fourth quarter. Farther Finance Advisors LLC now owns 669,570 shares of the company’s stock valued at $38,775,000 after buying an additional 83,711 shares in the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $65.92 on Tuesday. The company’s 50 day moving average price is $65.55 and its two-hundred day moving average price is $62.66. The firm has a market capitalization of $18.03 billion, a P/E ratio of 4.63 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $53.73 and a fifty-two week 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.