Hanseatic Management Services Inc. Takes Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Hanseatic Management Services Inc. acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 37,901 shares of the company’s stock, valued at approximately $2,244,000. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 2.1% of Hanseatic Management Services Inc.’s investment portfolio, making the stock its 9th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Ascentis Independent Advisors bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth approximately $29,000. Realta Investment Advisors grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% during the 1st quarter. Realta Investment Advisors now owns 513 shares of the company’s stock valued at $30,000 after acquiring an additional 340 shares during the period. Crewe Advisors LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after acquiring an additional 182 shares during the period. Stone House Investment Management LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the 4th quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after acquiring an additional 197 shares during the period. Finally, Elyxium Wealth LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth $31,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $66.18 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $53.73 and a one year high of $67.68. The stock’s fifty day moving average is $65.67 and its 200 day moving average is $62.83. The stock has a market cap of $18.16 billion, a P/E ratio of 4.65 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.