Marathon Strategic Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 8.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 326,708 shares of the company’s stock after buying an additional 25,476 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 13.9% of Marathon Strategic Advisors LLC’s portfolio, making the stock its biggest position. Marathon Strategic Advisors LLC owned 0.12% of SPDR Portfolio S&P 400 Mid Cap ETF worth $19,348,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in SPMD. Up Capital Management Inc. bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth approximately $664,000. Rockefeller Capital Management L.P. boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 343,730 shares of the company’s stock valued at $19,905,000 after purchasing an additional 51,423 shares during the last quarter. World Investment Advisors increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 82.5% during the fourth quarter. World Investment Advisors now owns 29,293 shares of the company’s stock worth $1,696,000 after buying an additional 13,244 shares during the period. Downshift Financial LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth $1,652,000. Finally, Corient Private Wealth LLC raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 4.4% during the fourth quarter. Corient Private Wealth LLC now owns 472,712 shares of the company’s stock worth $27,378,000 after buying an additional 19,794 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
Shares of SPMD opened at $66.57 on Friday. The firm’s fifty day simple moving average is $64.48 and its two-hundred day simple moving average is $61.73. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $52.46 and a 12 month high of $67.68. The stock has a market capitalization of $17.75 billion, a P/E ratio of 4.67 and a beta of 1.01.
About SPDR Portfolio S&P 400 Mid Cap ETF
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.
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