Inspire Trust Co. N.A. Takes Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Inspire Trust Co. N.A. purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 124,891 shares of the company’s stock, valued at approximately $7,232,000. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 1.2% of Inspire Trust Co. N.A.’s holdings, making the stock its 21st biggest holding.

A number of other institutional investors also recently modified their holdings of the company. Worth Financial Advisory Group LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.1% in the fourth quarter. Worth Financial Advisory Group LLC now owns 15,364 shares of the company’s stock valued at $890,000 after purchasing an additional 163 shares during the period. CENTRAL TRUST Co raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 31.2% in the fourth quarter. CENTRAL TRUST Co now owns 731 shares of the company’s stock valued at $42,000 after purchasing an additional 174 shares during the period. Aspire Private Capital LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.3% in the fourth quarter. Aspire Private Capital LLC now owns 53,946 shares of the company’s stock valued at $3,124,000 after purchasing an additional 175 shares during the period. Crewe Advisors LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after purchasing an additional 182 shares during the period. Finally, Meridian Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.9% in the third quarter. Meridian Wealth Management LLC now owns 4,161 shares of the company’s stock valued at $238,000 after purchasing an additional 196 shares during the period. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.1%

NYSEARCA:SPMD opened at $65.28 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $51.87 and a 12 month high of $65.85. The firm has a market cap of $17.41 billion, a price-to-earnings ratio of 4.58 and a beta of 1.02. The company’s 50 day moving average is $62.37 and its 200-day moving average is $60.72.

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.