Northwestern Mutual Wealth Management Co. Grows Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Northwestern Mutual Wealth Management Co. raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 21.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,959,117 shares of the company’s stock after buying an additional 346,515 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $113,452,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Worth Financial Advisory Group LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.1% in the 4th quarter. Worth Financial Advisory Group LLC now owns 15,364 shares of the company’s stock worth $890,000 after purchasing an additional 163 shares during the period. CENTRAL TRUST Co increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 31.2% during the 4th 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 last quarter. Aspire Private Capital LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.3% during the 4th 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 last quarter. Crewe Advisors LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the 4th 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 last quarter. Finally, Meridian Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.9% during the 3rd 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 last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA SPMD opened at $65.41 on Friday. The company has a market cap of $17.44 billion, a P/E ratio of 4.59 and a beta of 1.02. The business’s 50 day moving average price is $62.50 and its 200-day moving average price is $60.75. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $51.87 and a fifty-two week high of $65.85.

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.