WNY Asset Management LLC Takes $628,000 Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

WNY Asset Management LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the first quarter, HoldingsChannel.com reports. The institutional investor acquired 10,601 shares of the company’s stock, valued at approximately $628,000.

Other large investors have also added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock valued at $5,587,000 after acquiring an additional 10,034 shares during the period. Fifth Third Bancorp grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% during the first quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock valued at $16,806,000 after acquiring an additional 53,264 shares in the last quarter. Concurrent Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth approximately $2,116,000. Legacy Edge Advisors LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth approximately $774,000. Finally, Farther Finance Advisors LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 14.3% during the 4th quarter. Farther Finance Advisors LLC now owns 669,570 shares of the company’s stock worth $38,775,000 after acquiring an additional 83,711 shares during the period. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA SPMD opened at $65.98 on Friday. The company’s 50 day simple moving average is $66.12 and its two-hundred day simple moving average is $63.32. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $53.73 and a 1 year high of $67.68. The stock has a market capitalization of $18.25 billion, a PE ratio of 4.63 and a beta of 1.00.

SPDR Portfolio S&P 400 Mid Cap ETF 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.