Advance Capital Management Inc. Has $5.73 Million Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Advance Capital Management Inc. lessened its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 57.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 96,776 shares of the company’s stock after selling 132,933 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 0.2% of Advance Capital Management Inc.’s investment portfolio, making the stock its 26th biggest position. Advance Capital Management Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $5,731,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPMD. JPMorgan Chase & Co. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock valued at $7,772,000 after buying an additional 20,429 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at approximately $206,000. Russell Investments Group Ltd. boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% in the second quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock valued at $142,000 after acquiring an additional 1,466 shares during the period. Brown Advisory Inc. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth $228,000. Finally, Jump Financial LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth $2,915,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA:SPMD opened at $66.92 on Tuesday. The stock has a market cap of $18.24 billion, a P/E ratio of 4.70 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $53.73 and a one year high of $67.68. The company has a fifty day moving average price of $65.29 and a 200 day moving average price of $62.40.

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.