Waverly Advisors LLC Has $27.66 Million Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Waverly Advisors LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 12.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 467,052 shares of the company’s stock after buying an additional 51,578 shares during the period. Waverly Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $27,659,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPMD. Auto Owners Insurance Co boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% in the fourth quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock valued at $4,461,016,000 after acquiring an additional 75,993,600 shares during the last quarter. Morgan Stanley raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% during the 4th quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after purchasing an additional 6,634,293 shares during the last quarter. Creative Planning raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% during the 3rd quarter. Creative Planning now owns 87,966,062 shares of the company’s stock worth $5,030,779,000 after purchasing an additional 4,903,905 shares during the last quarter. Valpey Financial Services LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 6,201.3% during the 4th quarter. Valpey Financial Services LLC now owns 814,448 shares of the company’s stock valued at $47,165,000 after purchasing an additional 801,523 shares during the period. Finally, Greenleaf Trust lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1,293.1% during the 4th quarter. Greenleaf Trust now owns 801,325 shares of the company’s stock valued at $46,405,000 after purchasing an additional 743,806 shares during the period. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.4%

Shares of NYSEARCA SPMD opened at $66.38 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $53.73 and a 1 year high of $67.68. The firm’s 50-day moving average is $65.87 and its 200-day moving average is $63.11. The firm has a market capitalization of $18.32 billion, a PE ratio of 4.66 and a beta of 1.00.

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.