IAG Wealth Partners LLC Increases Stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

IAG Wealth Partners LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 8.7% during the third quarter, Holdings Channel.com reports. The firm owned 178,746 shares of the company’s stock after purchasing an additional 14,322 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 1.8% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 19th biggest position. IAG Wealth Partners LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $9,774,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at about $30,000. WR Wealth Planners LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 75.4% in the second quarter. WR Wealth Planners LLC now owns 607 shares of the company’s stock worth $31,000 after acquiring an additional 261 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth about $60,000. M&R Capital Management Inc. boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 70.4% in the third quarter. M&R Capital Management Inc. now owns 2,096 shares of the company’s stock worth $115,000 after acquiring an additional 866 shares in the last quarter. Finally, Whittier Trust Co. boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 185.1% in the first quarter. Whittier Trust Co. now owns 2,751 shares of the company’s stock worth $147,000 after acquiring an additional 1,786 shares in the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA SPMD traded up $0.10 during trading on Friday, hitting $54.38. The company’s stock had a trading volume of 1,095,544 shares, compared to its average volume of 1,134,444. The company has a market cap of $10.60 billion, a PE ratio of 16.59 and a beta of 1.08. The business’s 50 day simple moving average is $54.22 and its 200-day simple moving average is $52.72. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $42.11 and a fifty-two week high of $56.19.

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.