Addison Capital Co Has $6.10 Million Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Addison Capital Co increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 11.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,970 shares of the company’s stock after acquiring an additional 10,717 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 1.1% of Addison Capital Co’s portfolio, making the stock its 23rd largest position. Addison Capital Co’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $6,098,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Alliance Wealth Management Group increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 0.8% in the first quarter. Alliance Wealth Management Group now owns 34,814 shares of the company’s stock valued at $2,062,000 after purchasing an additional 271 shares in the last quarter. Montz Harcus Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.2% in the 1st quarter. Montz Harcus Wealth Management LLC now owns 240,095 shares of the company’s stock valued at $14,218,000 after buying an additional 7,439 shares during the period. Downshift Financial LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 4.4% in the 1st quarter. Downshift Financial LLC now owns 28,335 shares of the company’s stock valued at $1,788,000 after buying an additional 1,207 shares in the last quarter. Ascentis Independent Advisors bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter valued at about $29,000. Finally, Raleigh Capital Management Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 8.5% during the 1st quarter. Raleigh Capital Management Inc. now owns 29,915 shares of the company’s stock worth $1,772,000 after buying an additional 2,338 shares during the period. 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 $66.11 on Wednesday. The business’s 50 day simple moving average is $65.34 and its two-hundred day simple moving average is $62.45. The firm has a market cap of $18.02 billion, a P/E ratio of 4.64 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $53.73 and a 52-week high of $67.68.

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.