Downshift Financial LLC Buys New Shares in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Downshift Financial LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,128 shares of the company’s stock, valued at approximately $1,652,000. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 1.0% of Downshift Financial LLC’s portfolio, making the stock its 19th biggest position.

A number of other large investors have also bought and sold shares of SPMD. Corient Private Wealth LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.4% during the 4th quarter. Corient Private Wealth LLC now owns 472,712 shares of the company’s stock worth $27,378,000 after purchasing an additional 19,794 shares in the last quarter. Auto Owners Insurance Co increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% in the 4th quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock valued at $4,461,016,000 after buying an additional 75,993,600 shares in the last quarter. Valpey Financial Services LLC raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 8.8% during the 4th quarter. Valpey Financial Services LLC now owns 14,064 shares of the company’s stock worth $814,000 after buying an additional 1,139 shares during the period. Amicus Financial Advisors LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth approximately $308,000. Finally, Astoria Portfolio Advisors LLC. boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 11.0% in the fourth quarter. Astoria Portfolio Advisors LLC. now owns 6,086 shares of the company’s stock worth $378,000 after acquiring an additional 603 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA:SPMD opened at $66.57 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $52.46 and a 52-week high of $67.68. The business’s 50 day simple moving average is $64.48 and its two-hundred day simple moving average is $61.73. The firm has a market cap of $17.75 billion, a P/E ratio of 4.67 and a beta of 1.01.

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.