Claro Advisors LLC Buys 887 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Claro Advisors LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 11.1% in the 2nd quarter, Holdings Channel reports. The firm owned 8,868 shares of the company’s stock after purchasing an additional 887 shares during the period. Claro Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $482,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. LRI Investments LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth $26,000. American National Bank & Trust bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter worth $58,000. Russell Investments Group Ltd. bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth $59,000. Hilltop National Bank bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter worth $97,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth $103,000. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.7%

Shares of NYSEARCA SPMD opened at $56.78 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $59.94. The firm has a market capitalization of $14.22 billion, a PE ratio of 3.99 and a beta of 1.07. The firm has a fifty day simple moving average of $57.24 and a two-hundred day simple moving average of $55.07.

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.