SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Purchased by Gradient Investments LLC

Gradient Investments LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 98.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 69,452 shares of the company’s stock after buying an additional 34,428 shares during the period. Gradient Investments LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $3,972,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Compass Financial Services Inc purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at $30,000. Twin Peaks Wealth Advisors LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at $32,000. Pineridge Advisors LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at $37,000. Headlands Technologies LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at $38,000. Finally, Rothschild Investment LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 37.4% during the 2nd quarter. Rothschild Investment LLC now owns 727 shares of the company’s stock worth $40,000 after purchasing an additional 198 shares during the period. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA SPMD opened at $58.11 on Thursday. The firm has a market capitalization of $14.56 billion, a P/E ratio of 4.08 and a beta of 1.07. The stock has a 50-day simple moving average of $57.21 and a two-hundred day simple moving average of $56.28. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $43.99 and a fifty-two week high of $59.78.

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.