Dakota Wealth Management Increases Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Dakota Wealth Management grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 24.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 431,190 shares of the company’s stock after buying an additional 83,464 shares during the period. Dakota Wealth Management owned 0.17% of SPDR Portfolio S&P 400 Mid Cap ETF worth $24,660,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Brookstone Capital Management purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at about $244,000. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 109,700 shares of the company’s stock valued at $5,965,000 after purchasing an additional 16,400 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% during the second quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock valued at $146,720,000 after purchasing an additional 555,823 shares in the last quarter. First Command Advisory Services Inc. lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 19.4% during the second quarter. First Command Advisory Services Inc. now owns 1,139,430 shares of the company’s stock valued at $61,962,000 after purchasing an additional 185,244 shares during the last quarter. Finally, Koss Olinger Consulting LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.8% in the 2nd quarter. Koss Olinger Consulting LLC now owns 874,665 shares of the company’s stock worth $47,564,000 after purchasing an additional 6,854 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 1.8%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $62.18 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $63.67. The company has a market capitalization of $16.31 billion, a P/E ratio of 4.37 and a beta of 1.07. The stock’s 50 day moving average is $60.68 and its 200 day moving average is $58.35.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.