Dakota Wealth Management Purchases 83,464 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Dakota Wealth Management boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 24.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 431,190 shares of the company’s stock after purchasing an additional 83,464 shares during the period. Dakota Wealth Management’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $24,660,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Creative Planning grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.6% during the second quarter. Creative Planning now owns 83,062,157 shares of the company’s stock valued at $4,516,920,000 after buying an additional 2,922,150 shares during the last quarter. Valmark Advisers Inc. raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 2.9% in the 3rd quarter. Valmark Advisers Inc. now owns 6,837,085 shares of the company’s stock worth $391,013,000 after acquiring an additional 193,168 shares during the last quarter. CWM LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 0.7% in the 3rd quarter. CWM LLC now owns 4,728,484 shares of the company’s stock valued at $270,422,000 after acquiring an additional 33,612 shares in the last quarter. HighTower Advisors LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 3.9% in the 3rd quarter. HighTower Advisors LLC now owns 3,332,046 shares of the company’s stock valued at $190,560,000 after acquiring an additional 125,678 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock valued at $181,278,000 after purchasing an additional 471,708 shares during the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 1.8%

Shares of SPMD opened at $62.18 on Tuesday. The company has a market cap of $16.31 billion, a price-to-earnings ratio of 4.37 and a beta of 1.07. The business’s fifty day simple moving average is $60.68 and its two-hundred day simple moving average is $58.35. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $63.67.

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.