Independent Advisor Alliance Purchases 30,277 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Independent Advisor Alliance raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 136.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 52,408 shares of the company’s stock after acquiring an additional 30,277 shares during the quarter. Independent Advisor Alliance’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $3,035,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in SPMD. Creative Planning increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the 3rd quarter. Creative Planning now owns 87,966,062 shares of the company’s stock worth $5,030,779,000 after acquiring an additional 4,903,905 shares during the last quarter. Greenleaf Trust increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1,293.1% in the 4th quarter. Greenleaf Trust now owns 801,325 shares of the company’s stock worth $46,405,000 after acquiring an additional 743,806 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock worth $181,278,000 after acquiring an additional 471,708 shares during the last quarter. Corient Private Wealth LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 117.8% in the 2nd quarter. Corient Private Wealth LLC now owns 846,902 shares of the company’s stock worth $46,055,000 after acquiring an additional 458,086 shares during the last quarter. Finally, Mason Street Advisors LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 46.9% in the third quarter. Mason Street Advisors LLC now owns 1,362,200 shares of the company’s stock valued at $77,904,000 after purchasing an additional 434,600 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.2%

NYSEARCA SPMD opened at $64.12 on Thursday. The company’s 50 day moving average is $61.50 and its 200-day moving average is $60.16. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $51.63 and a 12-month high of $65.85. The firm has a market cap of $17.10 billion, a P/E ratio of 4.50 and a beta of 1.02.

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.