Robinswood Financial LLC Invests $4.54 Million in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Robinswood Financial LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 76,717 shares of the company’s stock, valued at approximately $4,543,000. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 5.7% of Robinswood Financial LLC’s holdings, making the stock its 6th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Auto Owners Insurance Co boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% during the 4th 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 period. Morgan Stanley increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% during the fourth 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 period. Creative Planning increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% during the third 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 period. Valpey Financial Services LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6,201.3% during the fourth quarter. Valpey Financial Services LLC now owns 814,448 shares of the company’s stock worth $47,165,000 after purchasing an additional 801,523 shares in the last quarter. Finally, Greenleaf Trust lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1,293.1% during the fourth quarter. Greenleaf Trust now owns 801,325 shares of the company’s stock worth $46,405,000 after purchasing an additional 743,806 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA SPMD opened at $65.98 on Monday. The firm has a market cap of $18.25 billion, a price-to-earnings ratio of 4.63 and a beta of 1.00. The firm has a 50 day simple moving average of $66.12 and a 200-day simple moving average of $63.34. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $53.73 and a one year high of $67.68.

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.