Abound Financial LLC Invests $8.90 Million in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Abound Financial LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 162,675 shares of the company’s stock, valued at approximately $8,897,000. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 4.5% of Abound Financial LLC’s investment portfolio, making the stock its 7th biggest holding. Abound Financial LLC owned 0.08% of SPDR Portfolio S&P 400 Mid Cap ETF at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Global Financial Private Client LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the 4th quarter. Global Financial Private Client LLC now owns 10,522 shares of the company’s stock worth $575,000 after acquiring an additional 189 shares during the last quarter. Richardson Financial Services Inc. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 19,674 shares of the company’s stock worth $1,011,000 after acquiring an additional 422 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 5.3% during the 3rd quarter. Hudson Valley Investment Advisors Inc. ADV now owns 11,845 shares of the company’s stock worth $648,000 after acquiring an additional 597 shares during the last quarter. S.A. Mason LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.9% during the 4th quarter. S.A. Mason LLC now owns 33,434 shares of the company’s stock valued at $1,828,000 after purchasing an additional 632 shares during the period. Finally, Vicus Capital lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 6.0% during the 4th quarter. Vicus Capital now owns 14,270 shares of the company’s stock valued at $780,000 after purchasing an additional 808 shares during the period.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA:SPMD opened at $54.42 on Friday. The company has a market capitalization of $12.47 billion, a price-to-earnings ratio of 19.25 and a beta of 1.13. The firm’s 50 day simple moving average is $55.91 and its 200 day simple moving average is $55.40. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $49.12 and a fifty-two week high of $59.94.

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.