AlTi Global Inc. lessened its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 5.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,823,459 shares of the company’s stock after selling 162,085 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 3.6% of AlTi Global Inc.’s holdings, making the stock its 4th biggest position. AlTi Global Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $167,205,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. CarsonAllaria Wealth Management Ltd. increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock worth $5,587,000 after purchasing an additional 10,034 shares during the last quarter. Fifth Third Bancorp boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% during the first quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock valued at $16,806,000 after buying an additional 53,264 shares during the last quarter. Cahaba Wealth Management Inc. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% during the fourth quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock valued at $26,161,000 after buying an additional 14,242 shares during the last quarter. Breakwater Capital Group grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% during the 4th quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock valued at $2,361,000 after buying an additional 27,478 shares in the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at approximately $2,116,000. 61.70% of the stock is owned by institutional investors.
SPDR Portfolio S&P 400 Mid Cap ETF Price Performance
NYSEARCA:SPMD opened at $66.18 on Monday. The company has a market cap of $18.16 billion, a price-to-earnings ratio of 4.65 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $53.73 and a 1 year high of $67.68. The stock’s 50 day simple moving average is $65.67 and its two-hundred day simple moving average is $62.86.
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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