HB Wealth Management LLC Boosts Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

HB Wealth Management LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 208.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 11,276 shares of the company’s stock after acquiring an additional 7,618 shares during the period. HB Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $668,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Realta Investment Advisors lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% in the first 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 last quarter. Crewe Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after purchasing an additional 182 shares during the last quarter. Stone House Investment Management LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock worth $31,000 after purchasing an additional 197 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth about $31,000. Finally, Optima Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth about $33,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $66.29 on Friday. The company has a market capitalization of $18.11 billion, a P/E ratio of 4.66 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $53.73 and a fifty-two week high of $67.68. The stock has a 50-day simple moving average of $65.50 and a 200-day simple moving average of $62.58.

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.