Headland Capital LLC Acquires New Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Headland Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the fourth quarter, HoldingsChannel reports. The fund acquired 98,992 shares of the company’s stock, valued at approximately $5,414,000. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 1.9% of Headland Capital LLC’s investment portfolio, making the stock its 18th biggest holding.

A number of other institutional investors have also modified their holdings of SPMD. JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 50.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 132,207 shares of the company’s stock valued at $7,229,000 after buying an additional 44,122 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 19.8% during the 4th quarter. Hudson Valley Investment Advisors Inc. ADV now owns 14,194 shares of the company’s stock valued at $776,000 after buying an additional 2,349 shares during the last quarter. First International Bank & Trust grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.1% during the 4th quarter. First International Bank & Trust now owns 197,005 shares of the company’s stock valued at $10,774,000 after buying an additional 3,988 shares during the last quarter. ST Germain D J Co. Inc. grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.0% during the 4th quarter. ST Germain D J Co. Inc. now owns 327,780 shares of the company’s stock valued at $17,926,000 after buying an additional 12,612 shares during the last quarter. Finally, Tilia Fiduciary Partners Inc. grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 14.6% during the 4th quarter. Tilia Fiduciary Partners Inc. now owns 22,893 shares of the company’s stock valued at $1,252,000 after buying an additional 2,917 shares during the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.5 %

NYSEARCA SPMD opened at $50.06 on Wednesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $43.99 and a 52 week high of $59.94. The stock has a market cap of $11.84 billion, a price-to-earnings ratio of 16.93 and a beta of 1.07. The company has a 50-day moving average price of $50.55 and a two-hundred day moving average price of $54.38.

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.