Bank of Montreal Can Increases Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Bank of Montreal Can grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 16.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,088 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. Bank of Montreal Can’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $603,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. American National Bank & Trust purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at approximately $58,000. Russell Investments Group Ltd. acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth $59,000. Hilltop National Bank purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at $97,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at $103,000. Finally, Signaturefd LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% during the second quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock valued at $175,000 after acquiring an additional 557 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 1.9%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $55.21 on Tuesday. The stock has a 50-day moving average price of $57.12 and a 200 day moving average price of $55.53. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $43.99 and a 52 week high of $59.94. The stock has a market cap of $13.83 billion, a PE ratio of 3.88 and a beta of 1.07.

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.