BIP Wealth LLC Increases Holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

BIP Wealth LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 30.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 23,832 shares of the company’s stock after acquiring an additional 5,505 shares during the quarter. BIP Wealth LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,303,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Tidemark LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% in the third quarter. Tidemark LLC now owns 18,276 shares of the company’s stock valued at $999,000 after purchasing an additional 1,383 shares in the last quarter. Lynx Investment Advisory lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 7.4% during the 3rd quarter. Lynx Investment Advisory now owns 64,380 shares of the company’s stock worth $3,520,000 after buying an additional 4,446 shares during the last quarter. Mainstream Capital Management LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at $266,000. Cary Street Partners Asset Management LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 10.2% in the 3rd quarter. Cary Street Partners Asset Management LLC now owns 138,437 shares of the company’s stock valued at $7,570,000 after buying an additional 12,844 shares during the last quarter. Finally, IAG Wealth Partners LLC raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 8.7% during the 3rd quarter. IAG Wealth Partners LLC now owns 178,746 shares of the company’s stock worth $9,774,000 after acquiring an additional 14,322 shares in the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA SPMD opened at $56.41 on Tuesday. The company has a fifty day moving average of $55.02 and a two-hundred day moving average of $53.25. The company has a market capitalization of $11.00 billion, a PE ratio of 16.59 and a beta of 1.08. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $44.29 and a 1 year high of $58.54.

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.