Edmonds Duncan Registered Investment Advisors LLC Increases Stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Edmonds Duncan Registered Investment Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 1.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,770 shares of the company’s stock after purchasing an additional 983 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 0.8% of Edmonds Duncan Registered Investment Advisors LLC’s portfolio, making the stock its 28th biggest holding. Edmonds Duncan Registered Investment Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $3,295,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. North Star Asset Management Inc. lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1,207.8% during the fourth quarter. North Star Asset Management Inc. now owns 158,975 shares of the company’s stock valued at $7,745,000 after buying an additional 146,819 shares in the last quarter. Avior Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 777.3% during the 4th quarter. Avior Wealth Management LLC now owns 127,827 shares of the company’s stock valued at $6,228,000 after buying an additional 113,256 shares during the period. Zhang Financial LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at about $1,747,000. PSI Advisors LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 24.1% in the 4th quarter. PSI Advisors LLC now owns 177,891 shares of the company’s stock worth $8,667,000 after acquiring an additional 34,570 shares during the period. Finally, SOL Capital Management CO grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 268.4% in the fourth quarter. SOL Capital Management CO now owns 43,485 shares of the company’s stock valued at $2,119,000 after acquiring an additional 31,680 shares in the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock traded up $0.04 on Tuesday, hitting $50.88. The stock had a trading volume of 438,205 shares, compared to its average volume of 1,172,379. The stock’s 50 day moving average is $51.68 and its 200-day moving average is $50.52. The firm has a market capitalization of $9.92 billion, a price-to-earnings ratio of 16.59 and a beta of 1.08. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $40.67 and a 52-week high of $53.56.

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.