KPP Advisory Services LLC Invests $234,000 in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

KPP Advisory Services LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 4,299 shares of the company’s stock, valued at approximately $234,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. NBC Securities Inc. increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 109,166.7% during the first quarter. NBC Securities Inc. now owns 3,278 shares of the company’s stock valued at $167,000 after buying an additional 3,275 shares during the period. Farther Finance Advisors LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 34.5% during the first quarter. Farther Finance Advisors LLC now owns 420,487 shares of the company’s stock valued at $21,638,000 after acquiring an additional 107,824 shares in the last quarter. Collier Financial increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1,202.9% during the 1st quarter. Collier Financial now owns 2,215 shares of the company’s stock worth $113,000 after acquiring an additional 2,045 shares during the period. Curbstone Financial Management Corp lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% in the 1st quarter. Curbstone Financial Management Corp now owns 20,000 shares of the company’s stock worth $1,024,000 after purchasing an additional 350 shares in the last quarter. Finally, Ellenbecker Investment Group lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 82.9% in the 1st quarter. Ellenbecker Investment Group now owns 238,402 shares of the company’s stock worth $12,201,000 after purchasing an additional 108,022 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD opened at $57.73 on Tuesday. The firm has a market capitalization of $14.56 billion, a P/E ratio of 4.05 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $59.94. The company has a fifty day moving average price of $56.69 and a 200-day moving average price of $53.86.

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.