SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Purchased by Cresset Asset Management LLC

Cresset Asset Management LLC increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 101.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,323 shares of the company’s stock after buying an additional 13,226 shares during the period. Cresset Asset Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,505,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bank of Montreal Can grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 16.9% in the second quarter. Bank of Montreal Can now owns 11,088 shares of the company’s stock worth $603,000 after acquiring an additional 1,600 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth $830,000. Vestmark Advisory Solutions Inc. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 151.8% in the second quarter. Vestmark Advisory Solutions Inc. now owns 56,344 shares of the company’s stock valued at $3,064,000 after acquiring an additional 33,969 shares in the last quarter. Penserra Capital Management LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.6% in the second quarter. Penserra Capital Management LLC now owns 301,825 shares of the company’s stock valued at $16,413,000 after acquiring an additional 7,650 shares in the last quarter. Finally, AE Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 11.0% in the second quarter. AE Wealth Management LLC now owns 57,145 shares of the company’s stock valued at $3,108,000 after purchasing an additional 5,652 shares during the period. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD opened at $59.85 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $63.67. The stock has a market capitalization of $15.70 billion, a price-to-earnings ratio of 4.20 and a beta of 1.07. The business has a fifty day moving average price of $61.31 and a 200 day moving average price of $58.77.

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.