Apollon Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 12.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,707 shares of the company’s stock after buying an additional 7,410 shares during the quarter. Apollon Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $3,950,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in SPMD. Auto Owners Insurance Co raised its stake in shares of 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 acquiring an additional 75,993,600 shares during the period. Morgan Stanley boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% during the 4th quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after purchasing an additional 6,634,293 shares during the period. Creative Planning raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock valued at $5,030,779,000 after purchasing an additional 4,903,905 shares during the period. Valpey Financial Services LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 6,201.3% in the fourth quarter. Valpey Financial Services LLC now owns 814,448 shares of the company’s stock valued at $47,165,000 after purchasing an additional 801,523 shares during the period. Finally, Greenleaf Trust lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 1,293.1% during the fourth quarter. Greenleaf Trust now owns 801,325 shares of the company’s stock worth $46,405,000 after purchasing an additional 743,806 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 Up 0.8%
SPMD opened at $67.56 on Wednesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $53.73 and a 52 week high of $67.68. The business has a fifty day simple moving average of $65.06 and a 200-day simple moving average of $62.18. The firm has a market cap of $18.01 billion, a P/E ratio of 4.74 and a beta of 1.01.
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.
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