SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Bought by Cahaba Wealth Management Inc.

Cahaba Wealth Management Inc. lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 4.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 470,043 shares of the company’s stock after acquiring an additional 18,297 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for about 1.9% of Cahaba Wealth Management Inc.’s holdings, making the stock its 12th biggest position. Cahaba Wealth Management Inc. owned about 0.18% of SPDR Portfolio S&P 400 Mid Cap ETF worth $27,836,000 at the end of the most recent reporting period.

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

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 1.0%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $65.44 on Thursday. The firm has a market capitalization of $17.87 billion, a PE ratio of 4.60 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $53.73 and a 52 week high of $67.68. The firm’s 50-day simple moving average is $65.37 and its 200 day simple moving average is $62.50.

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.