SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Acquired by JNBA Financial Advisors

JNBA Financial Advisors increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 4.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 860,987 shares of the company’s stock after acquiring an additional 33,755 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises approximately 4.5% of JNBA Financial Advisors’ portfolio, making the stock its 4th biggest holding. JNBA Financial Advisors’ holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $49,240,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. CarsonAllaria Wealth Management Ltd. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% in the 3rd quarter. CarsonAllaria Wealth Management Ltd. now owns 86,438 shares of the company’s stock valued at $4,943,000 after buying an additional 12,846 shares during the period. Orin Green Financial LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.6% in the 3rd quarter. Orin Green Financial LLC now owns 16,367 shares of the company’s stock valued at $936,000 after purchasing an additional 252 shares during the last quarter. Octavia Wealth Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.9% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 180,553 shares of the company’s stock worth $10,326,000 after purchasing an additional 6,833 shares during the period. Wealth Advisory Solutions LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.5% during the 3rd quarter. Wealth Advisory Solutions LLC now owns 80,030 shares of the company’s stock worth $4,577,000 after purchasing an additional 8,226 shares during the last quarter. Finally, Vicus Capital increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4,002.1% during the 3rd quarter. Vicus Capital now owns 642,672 shares of the company’s stock worth $36,754,000 after purchasing an additional 627,005 shares during 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 Price Performance

NYSEARCA SPMD opened at $61.64 on Friday. The stock has a market capitalization of $16.05 billion, a P/E ratio of 4.33 and a beta of 1.07. The firm’s 50-day moving average is $58.28 and its two-hundred day moving average is $57.14. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $61.87.

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.