Saxony Capital Management LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 35,007 shares of the company’s stock, valued at approximately $2,207,000.
Several other institutional investors and hedge funds also recently made changes to their positions in SPMD. Auto Owners Insurance Co raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% in the 4th quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock worth $4,461,016,000 after acquiring an additional 75,993,600 shares during the last quarter. TSG Advice Partners LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 2,502.0% in the 1st quarter. TSG Advice Partners LLC now owns 476,138 shares of the company’s stock valued at $28,197,000 after acquiring an additional 457,839 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,488,056 shares of the company’s stock valued at $303,213,000 after purchasing an additional 340,186 shares during the last quarter. Avior Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth $18,644,000. Finally, Gradient Investments LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth $12,294,000. Institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
Shares of NYSEARCA:SPMD opened at $63.98 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $54.53 and a fifty-two week high of $68.97. The business has a 50-day simple moving average of $65.54 and a two-hundred day simple moving average of $65.07. The firm has a market cap of $18.28 billion, a price-to-earnings ratio of 4.49 and a beta of 1.02.
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.
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