Waverly Advisors LLC Purchases 11,543 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Waverly Advisors LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 478,595 shares of the company’s stock after buying an additional 11,543 shares during the period. Waverly Advisors LLC owned about 0.17% of SPDR Portfolio S&P 400 Mid Cap ETF worth $32,334,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SPMD. Ascentis Independent Advisors acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth approximately $29,000. Realta Investment Advisors grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% during the 1st quarter. Realta Investment Advisors now owns 513 shares of the company’s stock worth $30,000 after acquiring an additional 340 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at approximately $31,000. EverSource Wealth Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% in the first quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock valued at $35,000 after purchasing an additional 228 shares during the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth $38,000. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.6%

SPMD traded down $0.42 during trading hours on Tuesday, hitting $66.05. 1,385,375 shares of the company’s stock were exchanged, compared to its average volume of 2,347,076. The stock has a market cap of $18.28 billion, a price-to-earnings ratio of 4.64 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $54.53 and a 1-year high of $68.97. The stock’s 50-day moving average is $66.80 and its two-hundred day moving average is $64.38.

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.