Magnolia Private Wealth LLC Purchases New Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Magnolia Private Wealth LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 8,196 shares of the company’s stock, valued at approximately $448,000.

Other institutional investors have also added to or reduced their stakes in the company. Crews Bank & Trust bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter valued at $20,641,000. Abound Financial LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at about $8,897,000. Ellenbecker Investment Group purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at about $7,130,000. Farther Finance Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 44.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 235,563 shares of the company’s stock valued at $12,881,000 after acquiring an additional 72,988 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter valued at approximately $3,112,000.

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

Shares of SPMD stock opened at $54.32 on Wednesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $49.12 and a 12-month high of $59.94. The stock has a market capitalization of $12.44 billion, a P/E ratio of 19.25 and a beta of 1.13. The firm’s 50 day moving average is $55.80 and its 200 day moving average is $55.47.

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.