Financial Solutions Advisory Group Inc. bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 63,164 shares of the company’s stock, valued at approximately $3,741,000.
Several other large investors have also recently modified their holdings of SPMD. JPMorgan Chase & Co. lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% in the second quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock worth $7,772,000 after buying an additional 20,429 shares during the last quarter. XTX Topco Ltd purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth $206,000. Russell Investments Group Ltd. increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% during the second quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock valued at $142,000 after acquiring an additional 1,466 shares during the last quarter. Brown Advisory Inc. bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at $228,000. Finally, Jump Financial LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at $2,915,000. Institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.1%
Shares of SPMD opened at $65.98 on Friday. The company’s fifty day simple moving average is $66.12 and its 200-day simple moving average is $63.32. The company has a market cap of $18.25 billion, a P/E ratio of 4.63 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $53.73 and a twelve month high of $67.68.
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.
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