Ellenbecker Investment Group Raises Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Ellenbecker Investment Group boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 8.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 319,006 shares of the company’s stock after buying an additional 24,143 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 2.7% of Ellenbecker Investment Group’s holdings, making the stock its 9th biggest holding. Ellenbecker Investment Group owned about 0.13% of SPDR Portfolio S&P 400 Mid Cap ETF worth $18,244,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPMD. Compass Financial Services Inc bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at approximately $30,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at approximately $32,000. Bernard Wealth Management Corp. bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at approximately $32,000. Pineridge Advisors LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth $37,000. Finally, Headlands Technologies LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at $38,000. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.5%

Shares of SPMD stock opened at $59.16 on Tuesday. The company’s fifty day moving average price is $57.36 and its 200-day moving average price is $56.42. The stock has a market cap of $14.82 billion, a PE ratio of 4.15 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $59.78.

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.