SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Sets New 1-Year High – What’s Next?

Shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMDGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $68.42 and last traded at $68.38, with a volume of 116996 shares. The stock had previously closed at $67.97.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.4%

The company’s 50-day moving average price is $66.41 and its two-hundred day moving average price is $63.61. The company has a market cap of $18.89 billion, a P/E ratio of 4.79 and a beta of 1.01.

Institutional Trading of SPDR Portfolio S&P 400 Mid Cap ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SPMD. Ascentis Independent Advisors bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at about $29,000. Realta Investment Advisors increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% in the 1st quarter. Realta Investment Advisors now owns 513 shares of the company’s stock valued at $30,000 after acquiring an additional 340 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at approximately $31,000. Optima Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at approximately $33,000. Finally, EverSource Wealth Advisors LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% during the first quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock worth $35,000 after purchasing an additional 228 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

About SPDR Portfolio S&P 400 Mid Cap ETF

(Get Free Report)

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.

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