22,350 Shares in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Purchased by Worth Asset Management LLC

Worth Asset Management LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 22,350 shares of the company’s stock, valued at approximately $1,324,000.

Other hedge funds have also made changes to their positions in the company. Ballast Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $26,000. Crewe Advisors LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after purchasing an additional 182 shares in the last quarter. Stone House Investment Management LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock worth $31,000 after purchasing an additional 197 shares in the last quarter. Elyxium Wealth LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at $31,000. Finally, Optima Capital LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock opened at $66.65 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $52.46 and a fifty-two week high of $67.68. The stock’s fifty day moving average is $64.57 and its two-hundred day moving average is $61.82. The firm has a market capitalization of $17.77 billion, a P/E ratio of 4.68 and a beta of 1.01.

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.