Horan Securities Inc. Buys New Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Horan Securities Inc. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 14,466 shares of the company’s stock, valued at approximately $787,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of SPMD. Atlantic Union Bankshares Corp bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at about $830,000. TKG Advisors LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.6% during the second quarter. TKG Advisors LLC now owns 35,126 shares of the company’s stock valued at $1,910,000 after purchasing an additional 889 shares during the last quarter. Claro Advisors LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 11.1% during the second quarter. Claro Advisors LLC now owns 8,868 shares of the company’s stock worth $482,000 after buying an additional 887 shares in the last quarter. Towercrest Capital Management grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 5.5% in the second quarter. Towercrest Capital Management now owns 45,211 shares of the company’s stock worth $2,459,000 after buying an additional 2,340 shares during the last quarter. Finally, WorthPointe LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 83.2% in the second quarter. WorthPointe LLC now owns 14,767 shares of the company’s stock worth $803,000 after buying an additional 6,708 shares during 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

Shares of NYSEARCA:SPMD opened at $56.78 on Thursday. The company has a market capitalization of $14.22 billion, a PE ratio of 3.99 and a beta of 1.07. The stock has a fifty day moving average of $57.24 and a 200-day moving average of $55.07. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $59.94.

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.