HHM Wealth Advisors LLC Raises Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

HHM Wealth Advisors LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 4.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 814,372 shares of the company’s stock after acquiring an additional 33,281 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises 5.6% of HHM Wealth Advisors LLC’s investment portfolio, making the stock its 4th largest holding. HHM Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $48,227,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. grew its position 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 valued at $5,587,000 after purchasing an additional 10,034 shares in the last quarter. Cahaba Wealth Management Inc. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% in the 4th quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock worth $26,161,000 after purchasing an additional 14,242 shares during the period. 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. Concurrent Investment Advisors LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at about $2,116,000. Finally, Davis R M Inc. purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at about $621,000. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 1.0%

Shares of SPMD opened at $65.97 on Wednesday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $53.42 and a twelve month high of $67.68. The stock has a market cap of $17.59 billion, a PE ratio of 4.63 and a beta of 1.01. The business’s 50-day moving average price is $64.66 and its 200-day moving average price is $61.87.

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.