Gladstone Institutional Advisory LLC Has $12.40 Million Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Gladstone Institutional Advisory LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 7.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 216,835 shares of the company’s stock after purchasing an additional 14,779 shares during the period. Gladstone Institutional Advisory LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $12,401,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPMD. Compass Financial Services Inc bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth about $30,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth approximately $32,000. Bernard Wealth Management Corp. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth approximately $32,000. Pineridge Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at $37,000. Finally, Headlands Technologies LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at about $38,000. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 1.3%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $59.47 on Tuesday. The stock has a 50-day moving average price of $57.67 and a two-hundred day moving average price of $56.80. The company has a market capitalization of $15.43 billion, a PE ratio of 4.18 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $59.78.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.