KWB Wealth Acquires 15,003 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

KWB Wealth raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 13.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 122,666 shares of the company’s stock after buying an additional 15,003 shares during the quarter. KWB Wealth’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $7,104,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. ORG Partners LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at $25,000. Ballast Advisors LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at $26,000. Twin Peaks Wealth Advisors LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter worth $32,000. Bernard Wealth Management Corp. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth about $32,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 145.8% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the company’s stock worth $34,000 after purchasing an additional 350 shares during the period. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 1.6%

Shares of SPMD opened at $58.81 on Tuesday. The firm’s 50-day moving average price is $61.29 and its 200-day moving average price is $58.95. The firm has a market capitalization of $15.43 billion, a price-to-earnings ratio of 4.13 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $43.99 and a 1-year high of $63.67.

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.