Northwest Wealth Advisors LLC Buys Shares of 20,466 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Northwest Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 20,466 shares of the company’s stock, valued at approximately $1,185,000. SPDR Portfolio S&P 400 Mid Cap ETF comprises 0.9% of Northwest Wealth Advisors LLC’s portfolio, making the stock its 24th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% during the second quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock worth $7,772,000 after purchasing an additional 20,429 shares during the period. XTX Topco Ltd purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth about $206,000. Russell Investments Group Ltd. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% during the second quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock worth $142,000 after purchasing an additional 1,466 shares during the last quarter. Brown Advisory Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth approximately $228,000. Finally, Jump Financial LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at $2,915,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.1%

NYSEARCA:SPMD opened at $63.90 on Friday. The company has a market capitalization of $17.04 billion, a PE ratio of 4.49 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $51.63 and a 52-week high of $65.85. The stock’s 50 day moving average price is $61.80 and its 200 day moving average price is $60.42.

SPDR Portfolio S&P 400 Mid Cap ETF 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.