Up Capital Management Inc. Makes New Investment in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Up Capital Management Inc. bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,468 shares of the company’s stock, valued at approximately $664,000. SPDR Portfolio S&P 400 Mid Cap ETF accounts for about 0.6% of Up Capital Management Inc.’s portfolio, making the stock its 13th largest position.

Several other large investors also recently modified their holdings of the business. Ballast Advisors LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at about $26,000. Crewe Advisors LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after purchasing an additional 182 shares during the period. Stone House Investment Management LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the 4th 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 bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth approximately $31,000. Finally, Optima Capital LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth approximately $33,000. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock opened at $66.57 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $52.46 and a 52 week high of $67.68. The company’s 50 day moving average price is $64.48 and its two-hundred day moving average price is $61.73. The company 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.