JPMorgan Chase & Co. Increases Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

JPMorgan Chase & Co. raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 17.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 167,414 shares of the company’s stock after buying an additional 24,503 shares during the period. JPMorgan Chase & Co. owned approximately 0.07% of SPDR Portfolio S&P 400 Mid Cap ETF worth $9,574,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SPMD. Bensler LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 5.0% in the 3rd quarter. Bensler LLC now owns 210,796 shares of the company’s stock valued at $12,055,000 after buying an additional 10,026 shares during the period. Allworth Financial LP boosted its holdings in shares of 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 acquiring an additional 19,021 shares in the last quarter. Retirement Financial Solutions LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth about $16,087,000. Gradient Investments LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 98.3% during the third quarter. Gradient Investments LLC now owns 69,452 shares of the company’s stock worth $3,972,000 after purchasing an additional 34,428 shares in the last quarter. Finally, Corient Private Wealth LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% during the second quarter. Corient Private Wealth LLC now owns 423,452 shares of the company’s stock worth $23,027,000 after purchasing an additional 34,636 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD opened at $59.85 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $63.67. The stock has a market capitalization of $15.70 billion, a P/E ratio of 4.20 and a beta of 1.07. The business has a 50 day simple moving average of $61.31 and a 200-day simple moving average of $58.73.

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.