Envestnet Portfolio Solutions Inc. Increases Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Envestnet Portfolio Solutions Inc. raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 413,728 shares of the company’s stock after acquiring an additional 15,485 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.16% of SPDR Portfolio S&P 400 Mid Cap ETF worth $23,661,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SPMD. Courier Capital LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% in the 2nd quarter. Courier Capital LLC now owns 10,830 shares of the company’s stock valued at $589,000 after purchasing an additional 183 shares during the period. Spectrum Planning & Advisory Services Inc. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.2% in the second quarter. Spectrum Planning & Advisory Services Inc. now owns 4,608 shares of the company’s stock worth $251,000 after acquiring an additional 185 shares during the last quarter. Rothschild Investment LLC increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 37.4% during the second quarter. Rothschild Investment LLC now owns 727 shares of the company’s stock valued at $40,000 after acquiring an additional 198 shares in the last quarter. HBK Sorce Advisory LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% in the 3rd quarter. HBK Sorce Advisory LLC now owns 11,890 shares of the company’s stock worth $686,000 after purchasing an additional 212 shares during the last quarter. Finally, Citizens Financial Group Inc. RI raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.9% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 23,163 shares of the company’s stock worth $1,325,000 after purchasing an additional 212 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock opened at $61.73 on Friday. The company has a market capitalization of $16.14 billion, a price-to-earnings ratio of 4.33 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $62.33. The company’s 50-day moving average is $58.72 and its 200 day moving average is $57.34.

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.