Belpointe Asset Management LLC Acquires 18,750 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Belpointe Asset Management LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 203.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,985 shares of the company’s stock after acquiring an additional 18,750 shares during the period. Belpointe Asset Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,621,000 at the end of the most recent reporting period.

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

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.6%

SPMD stock opened at $63.94 on Wednesday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $47.52 and a twelve month high of $64.91. The company has a market cap of $16.93 billion, a PE ratio of 4.49 and a beta of 1.04. The business’s 50-day simple moving average is $61.12 and its 200 day simple moving average is $59.46.

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.