Capital Financial Group Inc. Co. ADV purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,360 shares of the company’s stock, valued at approximately $484,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Ballast Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at $26,000. Crewe Advisors LLC lifted its position 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 worth $31,000 after acquiring an additional 182 shares during the period. Stone House Investment Management LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the 4th quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after purchasing an additional 197 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at about $31,000. Finally, Optima Capital LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at about $33,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.4%
Shares of NYSEARCA:SPMD opened at $66.94 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $52.46 and a 52-week high of $67.68. The stock has a market cap of $17.85 billion, a price-to-earnings ratio of 4.70 and a beta of 1.01. The business has a 50-day moving average price of $64.00 and a 200-day moving average price of $61.51.
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.
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