First Command Advisory Services Inc. Grows Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

First Command Advisory Services Inc. lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 19.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,139,430 shares of the company’s stock after purchasing an additional 185,244 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises approximately 0.5% of First Command Advisory Services Inc.’s portfolio, making the stock its 17th biggest position. First Command Advisory Services Inc. owned about 0.47% of SPDR Portfolio S&P 400 Mid Cap ETF worth $61,962,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SPMD. Golden State Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 32.0% during the first quarter. Golden State Wealth Management LLC now owns 68,684 shares of the company’s stock worth $3,515,000 after purchasing an additional 16,670 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 64.0% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 93,300 shares of the company’s stock worth $4,775,000 after purchasing an additional 36,400 shares during the last quarter. MorganRosel Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter worth approximately $26,000. Bank of New York Mellon Corp raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 113.6% during the first quarter. Bank of New York Mellon Corp now owns 16,980 shares of the company’s stock worth $869,000 after purchasing an additional 9,029 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter worth approximately $13,505,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD opened at $57.83 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $59.94. The stock has a market capitalization of $14.59 billion, a P/E ratio of 4.06 and a beta of 1.13. The business has a 50 day simple moving average of $57.14 and a 200-day simple moving average of $54.57.

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.