Evermay Wealth Management LLC Purchases 30,596 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Evermay Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 12.8% during the second quarter, HoldingsChannel.com reports. The fund owned 269,232 shares of the company’s stock after buying an additional 30,596 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for about 1.8% of Evermay Wealth Management LLC’s holdings, making the stock its 9th biggest position. Evermay Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $14,641,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Crews Bank & Trust lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.7% in the 1st quarter. Crews Bank & Trust now owns 380,046 shares of the company’s stock valued at $19,451,000 after purchasing an additional 2,634 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 158,072 shares of the company’s stock valued at $8,090,000 after buying an additional 605 shares during the period. Fourth Dimension Wealth LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.8% in the first quarter. Fourth Dimension Wealth LLC now owns 9,017 shares of the company’s stock valued at $461,000 after buying an additional 330 shares during the period. S.A. Mason LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.6% during the 1st quarter. S.A. Mason LLC now owns 33,985 shares of the company’s stock worth $1,739,000 after buying an additional 551 shares in the last quarter. Finally, Golden State Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 164.0% during the 1st quarter. Golden State Wealth Management LLC now owns 137,309 shares of the company’s stock worth $7,031,000 after buying an additional 85,295 shares during the period. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.2%

NYSEARCA:SPMD opened at $56.51 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.94. The company has a fifty day moving average of $56.98 and a 200-day moving average of $54.18. The firm has a market capitalization of $14.15 billion, a P/E ratio of 3.97 and a beta of 1.13.

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.