New Perspectives Inc Purchases 9,771 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

New Perspectives Inc raised its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.5% during the first quarter, HoldingsChannel reports. The firm owned 292,424 shares of the company’s stock after purchasing an additional 9,771 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF comprises 6.0% of New Perspectives Inc’s holdings, making the stock its 6th biggest position. New Perspectives Inc’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $17,317,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Outlook Wealth Advisors LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% in the fourth quarter. Outlook Wealth Advisors LLC now owns 8,881 shares of the company’s stock valued at $514,000 after buying an additional 160 shares during the last quarter. Worth Financial Advisory Group LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.1% during the fourth quarter. Worth Financial Advisory Group LLC now owns 15,364 shares of the company’s stock worth $890,000 after acquiring an additional 163 shares during the last quarter. CENTRAL TRUST Co grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 31.2% during the 4th quarter. CENTRAL TRUST Co now owns 731 shares of the company’s stock valued at $42,000 after acquiring an additional 174 shares in the last quarter. Aspire Private Capital LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 0.3% during the 4th quarter. Aspire Private Capital LLC now owns 53,946 shares of the company’s stock valued at $3,124,000 after acquiring an additional 175 shares in the last quarter. Finally, Crewe Advisors LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after acquiring an additional 182 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.9%

SPMD stock opened at $66.98 on Friday. The firm has a 50-day moving average of $64.82 and a two-hundred day moving average of $61.99. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $53.68 and a 12 month high of $67.68. The company has a market cap of $17.86 billion, a price-to-earnings ratio of 4.70 and a beta of 1.01.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.