First Command Advisory Services Inc. Increases Stock Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

First Command Advisory Services Inc. lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 21.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,590,578 shares of the company’s stock after acquiring an additional 278,553 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up 0.6% of First Command Advisory Services Inc.’s holdings, making the stock its 17th biggest holding. First Command Advisory Services Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $92,110,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Worth Financial Advisory Group LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.1% in the fourth quarter. Worth Financial Advisory Group LLC now owns 15,364 shares of the company’s stock worth $890,000 after acquiring an additional 163 shares in the last quarter. CENTRAL TRUST Co lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 31.2% in the fourth quarter. CENTRAL TRUST Co now owns 731 shares of the company’s stock worth $42,000 after acquiring an additional 174 shares in the last quarter. Aspire Private Capital LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.3% in the fourth quarter. Aspire Private Capital LLC now owns 53,946 shares of the company’s stock worth $3,124,000 after acquiring an additional 175 shares in the last quarter. Crewe Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after acquiring an additional 182 shares in the last quarter. Finally, Stone House Investment Management LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% in the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock worth $31,000 after acquiring an additional 197 shares in the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA:SPMD opened at $64.84 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $52.46 and a one year high of $66.31. The business’s 50-day simple moving average is $63.16 and its 200 day simple moving average is $61.05. The stock has a market cap of $17.29 billion, a price-to-earnings ratio of 4.55 and a beta of 1.01.

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.