Atlanta Consulting Group Advisors LLC Takes $4.57 Million Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Atlanta Consulting Group Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 3rd quarter, Holdings Channel reports. The fund purchased 79,911 shares of the company’s stock, valued at approximately $4,570,000. SPDR Portfolio S&P 400 Mid Cap ETF accounts for about 1.1% of Atlanta Consulting Group Advisors LLC’s portfolio, making the stock its 17th largest position.

A number of other institutional investors have also added to or reduced their stakes in SPMD. ORG Partners LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth about $25,000. Compass Financial Services Inc bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth about $30,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at approximately $32,000. Bernard Wealth Management Corp. acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $32,000. Finally, Guerra Advisors Inc bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at approximately $35,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD opened at $62.93 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $43.99 and a fifty-two week high of $63.02. The company’s 50 day moving average price is $59.74 and its two-hundred day moving average price is $57.78. The firm has a market capitalization of $16.51 billion, a price-to-earnings ratio of 4.42 and a beta of 1.07.

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.