Wrapmanager Inc. Purchases 21,120 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Wrapmanager Inc. grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 10.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 215,375 shares of the company’s stock after acquiring an additional 21,120 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises 2.9% of Wrapmanager Inc.’s portfolio, making the stock its 9th biggest position. Wrapmanager Inc. owned about 0.09% of SPDR Portfolio S&P 400 Mid Cap ETF worth $11,712,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Valmark Advisers Inc. increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 4.3% during the 2nd quarter. Valmark Advisers Inc. now owns 6,643,917 shares of the company’s stock worth $361,296,000 after purchasing an additional 274,765 shares in the last quarter. Facet Wealth Inc. lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 10.4% during the 2nd quarter. Facet Wealth Inc. now owns 2,726,120 shares of the company’s stock valued at $150,618,000 after acquiring an additional 257,924 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock worth $146,720,000 after purchasing an additional 555,823 shares during the period. Exchange Traded Concepts LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at $94,135,000. Finally, Hills Bank & Trust Co raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 96.5% in the second quarter. Hills Bank & Trust Co now owns 1,195,251 shares of the company’s stock valued at $64,998,000 after purchasing an additional 586,903 shares during the period. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA SPMD opened at $56.37 on Friday. The company has a market capitalization of $14.12 billion, a price-to-earnings ratio of 3.96 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $43.99 and a 1-year high of $59.94. The business has a 50-day moving average of $57.21 and a 200-day moving average of $55.37.

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.