Pinkerton Wealth LLC Buys New Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Pinkerton Wealth LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 120,114 shares of the company’s stock, valued at approximately $6,869,000. SPDR Portfolio S&P 400 Mid Cap ETF comprises approximately 0.7% of Pinkerton Wealth LLC’s investment portfolio, making the stock its 26th biggest position.

Other institutional investors have also modified their holdings of the company. Flagship Private Wealth LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% in the 3rd quarter. Flagship Private Wealth LLC now owns 8,430 shares of the company’s stock valued at $482,000 after buying an additional 178 shares during the period. Meridian Wealth Management LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4.9% during the third quarter. Meridian Wealth Management LLC now owns 4,161 shares of the company’s stock worth $238,000 after acquiring an additional 196 shares during the period. Rothschild Investment LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 37.4% during the second quarter. Rothschild Investment LLC now owns 727 shares of the company’s stock valued at $40,000 after acquiring an additional 198 shares in the last quarter. Johnson Investment Counsel Inc. raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the third quarter. Johnson Investment Counsel Inc. now owns 11,528 shares of the company’s stock valued at $659,000 after acquiring an additional 199 shares in the last quarter. Finally, HBK Sorce Advisory LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% in the third quarter. HBK Sorce Advisory LLC now owns 11,890 shares of the company’s stock valued at $686,000 after acquiring an additional 212 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 1.0%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $60.45 on Tuesday. The firm has a market cap of $15.86 billion, a PE ratio of 4.25 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $63.67. The stock’s 50 day simple moving average is $61.35 and its two-hundred day simple moving average is $58.80.

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.