SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Acquired by Private Wealth Group LLC

Private Wealth Group LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 13.3% during the second quarter, HoldingsChannel.com reports. The firm owned 145,167 shares of the company’s stock after acquiring an additional 17,059 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 3.8% of Private Wealth Group LLC’s portfolio, making the stock its 8th largest holding. Private Wealth Group LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $9,807,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SPMD. Gradient Investments LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 35.4% in the 2nd quarter. Gradient Investments LLC now owns 175,260 shares of the company’s stock worth $11,841,000 after buying an additional 45,821 shares in the last quarter. Midwest Financial Network LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 18.6% during the 2nd quarter. Midwest Financial Network LLC now owns 34,472 shares of the company’s stock valued at $2,329,000 after acquiring an additional 5,407 shares in the last quarter. Bill Few Associates Inc. grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.7% during the 2nd quarter. Bill Few Associates Inc. now owns 107,104 shares of the company’s stock valued at $7,236,000 after acquiring an additional 2,815 shares in the last quarter. JGP Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth $219,000. Finally, Avior Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% in the second quarter. Avior Wealth Management LLC now owns 290,317 shares of the company’s stock worth $19,614,000 after acquiring an additional 3,916 shares during the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 1.4%

Shares of NYSEARCA:SPMD opened at $68.17 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $54.49 and a 1 year high of $68.29. The business has a fifty day simple moving average of $66.36 and a 200 day simple moving average of $63.54. The firm has a market cap of $18.86 billion, a price-to-earnings ratio of 4.79 and a beta of 1.01.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.