Centaurus Financial Inc. Buys 9,586 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Centaurus Financial Inc. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 499.0% in the first quarter, HoldingsChannel reports. The institutional investor owned 11,507 shares of the company’s stock after buying an additional 9,586 shares during the quarter. Centaurus Financial Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $681,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock valued at $7,772,000 after buying an additional 20,429 shares in the last quarter. XTX Topco Ltd acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth $206,000. Russell Investments Group Ltd. raised 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 acquiring an additional 1,466 shares in the last quarter. Brown Advisory Inc. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at $228,000. Finally, Jump Financial LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at $2,915,000. 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 $65.98 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $53.73 and a 52 week high of $67.68. The company’s fifty day moving average is $66.12 and its 200-day moving average is $63.32. The company has a market capitalization of $18.25 billion, a PE ratio of 4.63 and a beta of 1.00.

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.