WNY Asset Management LLC Makes New Investment in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

WNY Asset Management LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,601 shares of the company’s stock, valued at approximately $628,000.

Other institutional investors also recently modified their holdings of the company. Creative Planning grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the 3rd quarter. Creative Planning now owns 87,966,062 shares of the company’s stock valued at $5,030,779,000 after purchasing an additional 4,903,905 shares during the period. Auto Owners Insurance Co increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% during the 4th quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock valued at $4,461,016,000 after purchasing an additional 75,993,600 shares during the last quarter. LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% during the 4th quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock worth $743,823,000 after purchasing an additional 173,911 shares during the period. Morgan Stanley raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% during the 4th quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after purchasing an additional 6,634,293 shares during the period. Finally, Valmark Advisers Inc. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% in the 1st quarter. Valmark Advisers Inc. now owns 7,215,287 shares of the company’s stock worth $427,289,000 after buying an additional 173,551 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPMD opened at $65.98 on Friday. The firm has a market cap of $18.25 billion, a P/E ratio of 4.63 and a beta of 1.00. The firm has a 50-day moving average of $66.12 and a 200 day moving average of $63.32. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $53.73 and a fifty-two week high of $67.68.

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.