Auto Owners Insurance Co Grows Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Auto Owners Insurance Co raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 7,307.1% during the fourth quarter, Holdings Channel reports. The firm owned 77,033,600 shares of the company’s stock after buying an additional 75,993,600 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 1.1% of Auto Owners Insurance Co’s portfolio, making the stock its 17th biggest position. Auto Owners Insurance Co owned about 0.29% of SPDR Portfolio S&P 400 Mid Cap ETF worth $4,461,016,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Outlook Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the 4th quarter. Outlook Wealth Advisors LLC now owns 8,881 shares of the company’s stock valued at $514,000 after acquiring an additional 160 shares in the last quarter. Worth Financial Advisory Group LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1.1% in the fourth quarter. Worth Financial Advisory Group LLC now owns 15,364 shares of the company’s stock worth $890,000 after purchasing an additional 163 shares during the period. CENTRAL TRUST Co increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 31.2% during the fourth quarter. CENTRAL TRUST Co now owns 731 shares of the company’s stock valued at $42,000 after purchasing an additional 174 shares in the last quarter. Aspire Private Capital LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.3% during the fourth quarter. Aspire Private Capital LLC now owns 53,946 shares of the company’s stock valued at $3,124,000 after purchasing an additional 175 shares during the last quarter. Finally, Crewe Advisors LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after purchasing an additional 182 shares in the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $66.57 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $52.46 and a twelve month high of $67.68. The company has a market capitalization of $17.75 billion, a P/E ratio of 4.67 and a beta of 1.01. The stock’s 50 day moving average is $64.48 and its 200 day moving average is $61.73.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.