EverSource Wealth Advisors LLC Invests $297,000 in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

EverSource Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,923 shares of the company’s stock, valued at approximately $297,000.

Other hedge funds have also modified their holdings of the company. Pinkerton Retirement Specialists LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at about $18,573,000. Whittier Trust Co. grew 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 valued at $147,000 after purchasing an additional 1,786 shares during the period. Janney Montgomery Scott LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 36.8% in the first quarter. Janney Montgomery Scott LLC now owns 20,474 shares of the company’s stock valued at $1,092,000 after purchasing an additional 5,507 shares during the period. Avior Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 26.4% in the first quarter. Avior Wealth Management LLC now owns 161,596 shares of the company’s stock worth $8,620,000 after acquiring an additional 33,769 shares during the last quarter. Finally, Marathon Strategic Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% in the first quarter. Marathon Strategic Advisors LLC now owns 115,435 shares of the company’s stock worth $6,157,000 after acquiring an additional 3,393 shares during the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA SPMD traded down $1.56 during trading on Friday, reaching $51.62. The stock had a trading volume of 1,049,217 shares, compared to its average volume of 1,155,047. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $40.67 and a fifty-two week high of $55.12. The company has a market cap of $10.06 billion, a P/E ratio of 16.59 and a beta of 1.08. The business’s 50-day moving average price is $52.05 and its 200-day moving average price is $51.24.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.