IAG Wealth Partners LLC Has $10 Million Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

IAG Wealth Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 182,901 shares of the company’s stock after buying an additional 4,155 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 1.8% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 19th largest position. IAG Wealth Partners LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $10,003,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SPMD. Crews Bank & Trust acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter valued at $20,641,000. Abound Financial LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth about $8,897,000. Ellenbecker Investment Group acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth about $7,130,000. First Command Advisory Services Inc. increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 12.8% in the 4th quarter. First Command Advisory Services Inc. now owns 811,462 shares of the company’s stock worth $44,379,000 after purchasing an additional 92,037 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 32.7% in the 4th quarter. Farther Finance Advisors LLC now owns 312,663 shares of the company’s stock worth $17,100,000 after purchasing an additional 77,100 shares during the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD stock opened at $51.02 on Thursday. 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. The stock’s 50-day moving average is $55.36 and its two-hundred day moving average is $55.48. The firm has a market cap of $11.85 billion, a P/E ratio of 18.28 and a beta of 1.14.

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.