SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.9% during the third quarter, Holdings Channel.com reports. The firm owned 3,332,046 shares of the company’s stock after buying an additional 125,678 shares during the period. HighTower Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $190,560,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Flagship Private Wealth LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% in the third quarter. Flagship Private Wealth LLC now owns 8,430 shares of the company’s stock valued at $482,000 after buying an additional 178 shares during the last quarter. Meridian Wealth Management LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 4.9% in the 3rd quarter. Meridian Wealth Management LLC now owns 4,161 shares of the company’s stock worth $238,000 after acquiring an additional 196 shares during the period. Rothschild Investment LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 37.4% in the 2nd quarter. Rothschild Investment LLC now owns 727 shares of the company’s stock valued at $40,000 after acquiring an additional 198 shares during the last quarter. Johnson Investment Counsel Inc. lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 11,528 shares of the company’s stock worth $659,000 after purchasing an additional 199 shares during the period. Finally, HBK Sorce Advisory LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the 3rd quarter. HBK Sorce Advisory LLC now owns 11,890 shares of the company’s stock worth $686,000 after purchasing an additional 212 shares during the period. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 1.0%

Shares of NYSEARCA:SPMD opened at $62.50 on Friday. The company has a market cap of $16.40 billion, a P/E ratio of 4.39 and a beta of 1.07. The business has a fifty day simple moving average of $60.20 and a 200-day simple moving average of $58.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $43.99 and a 52 week high of $63.65.

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.