Omnitrust Wealth Management Inc Acquires Shares of 76,958 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Omnitrust Wealth Management Inc acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 76,958 shares of the company’s stock, valued at approximately $4,457,000. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 5.7% of Omnitrust Wealth Management Inc’s holdings, making the stock its 5th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ballast Advisors LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at $26,000. Crewe Advisors LLC increased its holdings in 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 buying an additional 182 shares in the last quarter. Stone House Investment Management LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% in the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after buying an additional 197 shares in the last quarter. Elyxium Wealth LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at $31,000. Finally, Optima Capital LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPMD opened at $64.84 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $52.46 and a fifty-two week high of $66.31. The company has a fifty day moving average of $63.16 and a two-hundred day moving average of $61.10. The stock has a market capitalization of $17.29 billion, a price-to-earnings ratio of 4.55 and a beta of 1.01.

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.