Kraft Davis & Associates LLC Raises Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Kraft Davis & Associates LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 24,264 shares of the company’s stock after purchasing an additional 710 shares during the quarter. Kraft Davis & Associates LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,366,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Lumbard & Kellner LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 72.8% in the 1st quarter. Lumbard & Kellner LLC now owns 177,385 shares of the company’s stock valued at $9,079,000 after purchasing an additional 74,750 shares in the last quarter. Citizens & Northern Corp grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.8% during the 1st quarter. Citizens & Northern Corp now owns 291,195 shares of the company’s stock worth $14,903,000 after buying an additional 10,682 shares during the last quarter. Crews Bank & Trust grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 0.7% during the 1st quarter. Crews Bank & Trust now owns 380,046 shares of the company’s stock worth $19,451,000 after buying an additional 2,634 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 158,072 shares of the company’s stock worth $8,090,000 after buying an additional 605 shares during the last quarter. Finally, Fourth Dimension Wealth LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.8% in the first quarter. Fourth Dimension Wealth LLC now owns 9,017 shares of the company’s stock worth $461,000 after purchasing an additional 330 shares in the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA:SPMD opened at $56.39 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $59.94. The stock has a market cap of $14.20 billion, a price-to-earnings ratio of 3.96 and a beta of 1.13. The business has a fifty day moving average of $56.94 and a 200-day moving average of $54.10.

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.