Peterson Wealth Advisors LLC Increases Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Peterson Wealth Advisors LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 4.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 778,920 shares of the company’s stock after buying an additional 30,636 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 5.7% of Peterson Wealth Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Peterson Wealth Advisors LLC owned about 0.27% of SPDR Portfolio S&P 400 Mid Cap ETF worth $49,103,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Auto Owners Insurance Co grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% in 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 acquiring an additional 75,993,600 shares during the period. Valmark Advisers Inc. raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% in the 1st quarter. Valmark Advisers Inc. now owns 7,215,287 shares of the company’s stock worth $427,289,000 after acquiring an additional 173,551 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,488,056 shares of the company’s stock valued at $303,213,000 after acquiring an additional 340,186 shares in the last quarter. Texas Permanent School Fund Corp raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% in the fourth quarter. Texas Permanent School Fund Corp now owns 2,994,283 shares of the company’s stock worth $173,399,000 after purchasing an additional 12,240 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 4.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,230,591 shares of the company’s stock valued at $83,139,000 after acquiring an additional 48,386 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.0%

Shares of SPMD traded down $0.02 during trading hours on Thursday, reaching $63.74. 1,099,439 shares of the stock traded hands, compared to its average volume of 2,268,867. 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 stock has a fifty day simple moving average of $65.89 and a 200 day simple moving average of $64.85. The company has a market cap of $18.14 billion, a price-to-earnings ratio of 4.48 and a beta of 1.02.

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.