Magnolia Private Wealth LLC Takes $448,000 Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Magnolia Private Wealth LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 8,196 shares of the company’s stock, valued at approximately $448,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Hudson Valley Investment Advisors Inc. ADV raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.3% in the 3rd quarter. Hudson Valley Investment Advisors Inc. ADV now owns 11,845 shares of the company’s stock valued at $648,000 after buying an additional 597 shares during the period. S.A. Mason LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 14.5% in the third quarter. S.A. Mason LLC now owns 32,802 shares of the company’s stock valued at $1,794,000 after purchasing an additional 4,159 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 52.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 6,326 shares of the company’s stock valued at $346,000 after purchasing an additional 2,164 shares in the last quarter. Farther Finance Advisors LLC increased its stake in 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 worth $12,881,000 after buying an additional 72,988 shares during the period. Finally, Arlington Trust Co LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth approximately $216,000.

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

NYSEARCA:SPMD opened at $54.32 on Wednesday. The company has a market cap of $12.44 billion, a price-to-earnings ratio of 19.25 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $49.12 and a 52 week high of $59.94. The company has a fifty day simple moving average of $55.80 and a two-hundred day simple moving average of $55.47.

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.