Gradient Investments LLC Has $6.33 Million Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Gradient Investments LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 57.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 109,289 shares of the company’s stock after acquiring an additional 39,837 shares during the quarter. Gradient Investments LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $6,329,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings 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 valued at $7,772,000 after acquiring an additional 20,429 shares during the last quarter. Franklin Resources Inc. raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 6.2% during the 2nd quarter. Franklin Resources Inc. now owns 17,021 shares of the company’s stock worth $926,000 after purchasing an additional 1,000 shares during the last quarter. Global Retirement Partners LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at about $25,797,000. Steward Partners Investment Advisory LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 372.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 7,695 shares of the company’s stock valued at $418,000 after purchasing an additional 6,065 shares during the period. Finally, XTX Topco Ltd bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at about $206,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 1.6%

Shares of NYSEARCA SPMD opened at $58.81 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $63.67. The firm’s 50-day moving average is $61.29 and its 200-day moving average is $58.95. The firm has a market capitalization of $15.43 billion, a PE ratio of 4.13 and a beta of 1.07.

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.