Financial Enhancement Group LLC Buys New Shares in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Financial Enhancement Group LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 38,979 shares of the company’s stock, valued at approximately $2,485,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Ascentis Independent Advisors purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth about $29,000. Realta Investment Advisors boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% in the first quarter. Realta Investment Advisors now owns 513 shares of the company’s stock worth $30,000 after purchasing an additional 340 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% in the first quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock worth $35,000 after purchasing an additional 228 shares in the last quarter. Brown Lisle Cummings Inc. bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at about $41,000. Finally, Signature Equity Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth about $42,000. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock traded up $0.21 on Thursday, reaching $63.97. The stock had a trading volume of 2,357,333 shares, compared to its average volume of 2,276,824. The stock has a market cap of $18.21 billion, a P/E ratio of 4.49 and a beta of 1.02. The business’s 50-day moving average price is $65.89 and its two-hundred day moving average price is $64.85. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $54.53 and a fifty-two week high of $68.97.

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.