Verus Capital Partners LLC Makes New Investment in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Verus Capital Partners LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 99,668 shares of the company’s stock, valued at approximately $5,772,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Lido Advisors LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% in the fourth quarter. Lido Advisors LLC now owns 239,662 shares of the company’s stock valued at $13,874,000 after acquiring an additional 5,186 shares during the last quarter. Evolution Wealth Management Inc. lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 57.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 4,681 shares of the company’s stock valued at $271,000 after acquiring an additional 1,699 shares during the last quarter. Opulen Financial Group LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 5.2% in the fourth quarter. Opulen Financial Group LLC now owns 7,638 shares of the company’s stock valued at $442,000 after acquiring an additional 378 shares during the last quarter. Jordan Park Group LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at $504,000. Finally, Founders Financial Securities LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at $391,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD opened at $65.90 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $52.46 and a 1-year high of $66.04. The stock has a market cap of $17.57 billion, a PE ratio of 4.63 and a beta of 1.02. The firm has a fifty day moving average price of $62.92 and a 200 day moving average price of $60.96.

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.