SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Bought by 1900 Wealth Management LLC

1900 Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 10.4% during the 3rd quarter, Holdings Channel reports. The fund owned 691,808 shares of the company’s stock after purchasing an additional 65,046 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 2.7% of 1900 Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. 1900 Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $39,565,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Allworth Financial LP increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% in the second quarter. Allworth Financial LP now owns 233,079 shares of the company’s stock valued at $12,675,000 after buying an additional 19,021 shares during the last quarter. Gradient Investments LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 98.3% in the 3rd quarter. Gradient Investments LLC now owns 69,452 shares of the company’s stock worth $3,972,000 after acquiring an additional 34,428 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% in the 2nd quarter. Corient Private Wealth LLC now owns 423,452 shares of the company’s stock valued at $23,027,000 after buying an additional 34,636 shares during the period. Coppell Advisory Solutions LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at about $679,000. Finally, Signaturefd LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% in the 2nd quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock valued at $175,000 after purchasing an additional 557 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD stock opened at $59.09 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $59.78. The company’s 50 day simple moving average is $57.54 and its 200-day simple moving average is $56.57. The firm has a market capitalization of $14.80 billion, a PE ratio of 4.15 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.