Synergy Investment Management LLC Makes New Investment in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Synergy Investment Management LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,441 shares of the company’s stock, valued at approximately $79,000.

Several other hedge funds also recently modified their holdings of the stock. SBI Securities Co. Ltd. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at about $64,000. Jones Financial Companies Lllp grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 204.8% in the 4th quarter. Jones Financial Companies Lllp now owns 5,657 shares of the company’s stock valued at $309,000 after acquiring an additional 3,801 shares in the last quarter. MMA Asset Management LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at about $1,977,000. Anfield Capital Management LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.5% in the 4th quarter. Anfield Capital Management LLC now owns 88,201 shares of the company’s stock valued at $4,824,000 after acquiring an additional 1,286 shares in the last quarter. Finally, Fisher Asset Management LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at about $320,000.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA SPMD opened at $52.27 on Wednesday. The stock has a market capitalization of $11.98 billion, a price-to-earnings ratio of 19.25 and a beta of 1.13. The business has a 50-day moving average of $55.73 and a 200-day moving average of $55.53. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $49.12 and a fifty-two week high of $59.94.

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.