SPDR Portfolio S&P 400 Mid Cap ETF $SPMD is New Perspectives Inc’s 6th Largest Position

New Perspectives Inc grew its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 292,424 shares of the company’s stock after acquiring an additional 9,771 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF comprises approximately 6.0% of New Perspectives Inc’s investment portfolio, making the stock its 6th biggest position. New Perspectives Inc owned approximately 0.11% of SPDR Portfolio S&P 400 Mid Cap ETF worth $17,317,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SPMD. Outlook Wealth Advisors LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% in the 4th quarter. Outlook Wealth Advisors LLC now owns 8,881 shares of the company’s stock valued at $514,000 after purchasing an additional 160 shares in the last quarter. Worth Financial Advisory Group LLC grew its holdings in 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 valued at $890,000 after purchasing an additional 163 shares during the period. CENTRAL TRUST Co grew its holdings in 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 valued at $42,000 after purchasing an additional 174 shares during the period. Aspire Private Capital LLC increased its position 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 valued at $3,124,000 after buying an additional 175 shares in the last quarter. Finally, Crewe Advisors LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after buying an additional 182 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 Price Performance

Shares of NYSEARCA:SPMD opened at $66.98 on Friday. The business’s 50 day moving average price is $64.82 and its 200-day moving average price is $61.99. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $53.68 and a 1 year high of $67.68. The firm has a market capitalization of $17.86 billion, a price-to-earnings ratio of 4.70 and a beta of 1.01.

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.