41,290 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Bought by Towercrest Capital Management

Towercrest Capital Management acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 41,290 shares of the company’s stock, valued at approximately $2,603,000.

Several other large investors have also modified their holdings of the stock. Valmark Advisers Inc. grew its position 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 acquiring an additional 173,551 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,488,056 shares of the company’s stock valued at $303,213,000 after purchasing an additional 340,186 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4.1% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,230,591 shares of the company’s stock worth $83,139,000 after buying an additional 48,386 shares in the last quarter. Koss Olinger Consulting LLC increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 20.2% during the first quarter. Koss Olinger Consulting LLC now owns 1,063,343 shares of the company’s stock valued at $62,971,000 after purchasing an additional 178,947 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 6.2% during the third quarter. Farther Finance Advisors LLC now owns 947,740 shares of the company’s stock worth $59,746,000 after purchasing an additional 55,381 shares in the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.5%

SPDR Portfolio S&P 400 Mid Cap ETF stock traded down $0.35 during midday trading on Friday, hitting $63.40. The company’s stock had a trading volume of 2,428,860 shares, compared to its average volume of 2,278,259. The company has a market capitalization of $18.25 billion, a PE ratio of 4.45 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $54.53 and a 12 month high of $68.97. The stock’s 50-day moving average price is $64.98 and its 200-day moving average price is $65.22.

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.