Signet Financial Management LLC Buys 14,577 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Signet Financial Management LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 41.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 49,507 shares of the company’s stock after purchasing an additional 14,577 shares during the period. Signet Financial Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,867,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in SPMD. Creative Planning raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the 3rd quarter. Creative Planning now owns 87,966,062 shares of the company’s stock valued at $5,030,779,000 after acquiring an additional 4,903,905 shares in the last quarter. Valmark Advisers Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 2.9% in the third quarter. Valmark Advisers Inc. now owns 6,837,085 shares of the company’s stock valued at $391,013,000 after buying an additional 193,168 shares in the last quarter. CWM LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.7% during the third quarter. CWM LLC now owns 4,728,484 shares of the company’s stock worth $270,422,000 after purchasing an additional 33,612 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.9% during the third quarter. HighTower Advisors LLC now owns 3,332,046 shares of the company’s stock valued at $190,560,000 after purchasing an additional 125,678 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% in the third quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock valued at $181,278,000 after acquiring an additional 471,708 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA SPMD opened at $57.91 on Friday. The company’s 50 day simple moving average is $61.33 and its 200 day simple moving average is $58.92. The firm has a market capitalization of $15.19 billion, a P/E ratio of 4.07 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $43.99 and a fifty-two week high of $63.67.

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.