Waverly Advisors LLC Purchases 11,543 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Waverly Advisors LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.5% during the 2nd quarter, Holdings Channel reports. The firm owned 478,595 shares of the company’s stock after purchasing an additional 11,543 shares during the quarter. Waverly Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $32,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the company. Ascentis Independent Advisors bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter worth about $29,000. Realta Investment Advisors raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% in the first quarter. Realta Investment Advisors now owns 513 shares of the company’s stock valued at $30,000 after buying an additional 340 shares during the period. Elyxium Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at approximately $31,000. EverSource Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock worth $35,000 after acquiring an additional 228 shares during the period. Finally, Brown Lisle Cummings Inc. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth approximately $41,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock traded down $0.42 during mid-day trading on Tuesday, hitting $66.05. 1,385,375 shares of the company’s stock traded hands, compared to its average volume of 2,347,076. The firm has a 50 day simple moving average of $66.80 and a two-hundred day simple moving average of $64.38. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $54.53 and a fifty-two week high of $68.97. The stock has a market cap of $18.28 billion, a price-to-earnings ratio of 4.64 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.