JPMorgan Chase & Co. Has $9.57 Million Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 17.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 167,414 shares of the company’s stock after acquiring an additional 24,503 shares during the period. JPMorgan Chase & Co. owned 0.07% of SPDR Portfolio S&P 400 Mid Cap ETF worth $9,574,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Creative Planning grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock valued at $5,030,779,000 after purchasing an additional 4,903,905 shares in the last quarter. Vicus Capital raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4,002.1% during the 3rd quarter. Vicus Capital now owns 642,672 shares of the company’s stock worth $36,754,000 after purchasing an additional 627,005 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3,714.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 627,323 shares of the company’s stock worth $34,114,000 after purchasing an additional 610,877 shares in the last quarter. Miracle Mile Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at about $30,526,000. Finally, Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,169,751 shares of the company’s stock valued at $181,278,000 after buying an additional 471,708 shares in the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA:SPMD opened at $57.96 on Monday. The company has a market capitalization of $15.21 billion, a P/E ratio of 4.07 and a beta of 1.07. The stock’s 50 day moving average price is $61.11 and its 200 day moving average price is $58.99. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $43.99 and a 52 week high of $63.67.

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.