Pinkerton Wealth LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 106,908 shares of the company’s stock, valued at approximately $6,739,000. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 1.1% of Pinkerton Wealth LLC’s investment portfolio, making the stock its 28th biggest position.
Several other hedge funds have also added to or reduced their stakes in the business. Mather Group LLC. acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at $27,000. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth about $29,000. Independence Bank of Kentucky bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth about $32,000. Curry Webb Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock worth $35,000 after buying an additional 228 shares during the period. Institutional investors and hedge funds own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
Shares of SPMD opened at $64.24 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $54.53 and a 52 week high of $68.97. The firm has a market cap of $18.62 billion, a P/E ratio of 4.51 and a beta of 1.02. The firm’s 50-day simple moving average is $64.66 and its 200 day simple moving average is $63.98.
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.
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