Nottingham Advisors Inc. Increases Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Nottingham Advisors Inc. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 26.0% in the 1st quarter, HoldingsChannel reports. The fund owned 162,020 shares of the company’s stock after purchasing an additional 33,395 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises 1.2% of Nottingham Advisors Inc.’s investment portfolio, making the stock its 23rd largest position. Nottingham Advisors Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $9,595,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. CarsonAllaria Wealth Management Ltd. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock valued at $5,587,000 after buying an additional 10,034 shares in the last quarter. Cahaba Wealth Management Inc. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% in the fourth quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock valued at $26,161,000 after acquiring an additional 14,242 shares in the last quarter. Breakwater Capital Group increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% during the fourth quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock worth $2,361,000 after purchasing an additional 27,478 shares in the last quarter. Davis R M Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at $621,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth $2,116,000. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

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

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $65.97 on Wednesday. The stock has a 50-day moving average price of $64.66 and a 200 day moving average price of $61.87. The company has a market capitalization of $17.59 billion, a price-to-earnings ratio of 4.63 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $53.42 and a 52 week high of $67.68.

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.