SPDR Portfolio S&P 400 Mid Cap ETF $SPMD is Alta Wealth Advisors LLC’s 3rd Largest Position

Alta Wealth Advisors LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 12.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 260,986 shares of the company’s stock after purchasing an additional 29,262 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF comprises 5.3% of Alta Wealth Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Alta Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $14,926,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Allworth Financial LP lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% in the 2nd quarter. Allworth Financial LP now owns 233,079 shares of the company’s stock valued at $12,675,000 after purchasing an additional 19,021 shares during the period. Retirement Financial Solutions LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at $16,087,000. Gradient Investments LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 98.3% in the third quarter. Gradient Investments LLC now owns 69,452 shares of the company’s stock valued at $3,972,000 after buying an additional 34,428 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% during the 2nd quarter. Corient Private Wealth LLC now owns 423,452 shares of the company’s stock worth $23,027,000 after acquiring an additional 34,636 shares in the last quarter. Finally, Coppell Advisory Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth about $679,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.0%

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $61.08 on Tuesday. The firm has a market cap of $15.98 billion, a PE ratio of 4.29 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $62.33. The business has a 50-day moving average price of $58.93 and a 200 day moving average price of $57.44.

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.