TSG Advice Partners LLC Boosts Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

TSG Advice Partners LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2,502.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 476,138 shares of the company’s stock after acquiring an additional 457,839 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 4.2% of TSG Advice Partners LLC’s portfolio, making the stock its 11th biggest position. TSG Advice Partners LLC owned about 0.18% of SPDR Portfolio S&P 400 Mid Cap ETF worth $28,197,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SPMD. Creative Planning increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock worth $5,030,779,000 after acquiring an additional 4,903,905 shares during the period. Auto Owners Insurance Co lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% during the fourth quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock valued at $4,461,016,000 after purchasing an additional 75,993,600 shares during the period. LPL Financial LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% during the 4th quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock worth $743,823,000 after purchasing an additional 173,911 shares during the period. Morgan Stanley grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% during the 4th quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after purchasing an additional 6,634,293 shares during the period. Finally, Valmark Advisers Inc. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% during the 4th quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock valued at $407,787,000 after buying an additional 204,651 shares during the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.9%

Shares of SPMD stock opened at $66.97 on Thursday. The stock has a market cap of $18.23 billion, a PE ratio of 4.70 and a beta of 1.00. The business has a 50-day simple moving average of $65.12 and a 200-day simple moving average of $62.23. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $53.73 and a 52-week high of $67.68.

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.