Marathon Strategic Advisors LLC Raises Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Marathon Strategic Advisors LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 8.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 326,708 shares of the company’s stock after purchasing an additional 25,476 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 13.9% of Marathon Strategic Advisors LLC’s holdings, making the stock its biggest position. Marathon Strategic Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $19,348,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPMD. CarsonAllaria Wealth Management Ltd. grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock valued at $5,587,000 after purchasing an additional 10,034 shares during the period. Cahaba Wealth Management Inc. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% during the 4th quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock valued at $26,161,000 after purchasing an additional 14,242 shares in the last quarter. Breakwater Capital Group raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% during the fourth quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock worth $2,361,000 after buying an additional 27,478 shares during the last quarter. Davis R M Inc. acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth $621,000. Finally, Concurrent Investment Advisors LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at $2,116,000. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA SPMD opened at $66.57 on Friday. The firm’s 50-day simple moving average is $64.48 and its 200 day simple moving average is $61.73. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $52.46 and a fifty-two week high of $67.68. The stock has a market cap of $17.75 billion, a price-to-earnings ratio of 4.67 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.