Navigation Group LLC Buys Shares of 22,111 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Navigation Group LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 22,111 shares of the company’s stock, valued at approximately $1,309,000.

Several other institutional investors also recently modified their holdings of SPMD. CarsonAllaria Wealth Management Ltd. boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% during 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. Fifth Third Bancorp increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% in the first quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock valued at $16,806,000 after buying an additional 53,264 shares during the period. Cahaba Wealth Management Inc. increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% in the fourth quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock valued at $26,161,000 after buying an additional 14,242 shares during the period. Breakwater Capital Group raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% in 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 during the last quarter. Finally, Concurrent Investment Advisors LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at approximately $2,116,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.1%

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $66.28 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $53.73 and a twelve month high of $67.68. The stock has a market cap of $18.19 billion, a price-to-earnings ratio of 4.65 and a beta of 1.00. The company’s fifty day moving average is $65.60 and its 200 day moving average is $62.76.

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.