RKL Wealth Management LLC Has $30.16 Million Stock Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

RKL Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 15.3% in the second quarter, HoldingsChannel.com reports. The fund owned 554,543 shares of the company’s stock after acquiring an additional 73,729 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 2.7% of RKL Wealth Management LLC’s portfolio, making the stock its 6th largest position. RKL Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $30,156,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. NBC Securities Inc. lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 109,166.7% during the 1st quarter. NBC Securities Inc. now owns 3,278 shares of the company’s stock worth $167,000 after acquiring an additional 3,275 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth $59,000. Global Financial Private Client LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 13.3% during the 2nd quarter. Global Financial Private Client LLC now owns 12,196 shares of the company’s stock worth $663,000 after acquiring an additional 1,431 shares during the last quarter. Sun Life Financial Inc. bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth $25,119,000. Finally, TRU Independence Asset Management 2 LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 33.0% during the 2nd quarter. TRU Independence Asset Management 2 LLC now owns 10,454 shares of the company’s stock worth $568,000 after acquiring an additional 2,592 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA SPMD opened at $57.39 on Thursday. The company has a market capitalization of $14.07 billion, a P/E ratio of 4.03 and a beta of 1.13. The company has a fifty day moving average of $56.61 and a 200-day moving average of $53.72. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $43.99 and a 52-week high of $59.94.

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.