Millington Financial Advisors LLC Buys 14,147 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Millington Financial Advisors LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 11.5% in the second quarter, Holdings Channel reports. The firm owned 137,303 shares of the company’s stock after purchasing an additional 14,147 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 3.9% of Millington Financial Advisors LLC’s holdings, making the stock its 4th biggest holding. Millington Financial Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $7,751,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Compass Financial Services Inc bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth approximately $30,000. Pineridge Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at approximately $37,000. Rothschild Investment LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 37.4% during the 2nd quarter. Rothschild Investment LLC now owns 727 shares of the company’s stock valued at $40,000 after acquiring an additional 198 shares in the last quarter. Legacy Wealth Managment LLC ID lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3,078.1% during the second quarter. Legacy Wealth Managment LLC ID now owns 1,017 shares of the company’s stock worth $55,000 after purchasing an additional 985 shares during the last quarter. Finally, American National Bank & Trust acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth $58,000. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA:SPMD opened at $58.11 on Friday. The stock has a market capitalization of $14.56 billion, a price-to-earnings ratio of 4.08 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 $59.55. The company’s fifty day moving average is $56.93 and its two-hundred day moving average is $55.80.

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.