Sharkey Howes & Javer Increases Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Sharkey Howes & Javer lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 13.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,315 shares of the company’s stock after buying an additional 8,657 shares during the quarter. Sharkey Howes & Javer’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $3,878,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SPMD. Fourth Dimension Wealth LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at $525,000. Ameriflex Group Inc. bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter worth about $34,000. Mascagni Wealth Management Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter worth about $55,000. AdvisorNet Financial Inc boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% during the first quarter. AdvisorNet Financial Inc now owns 43,350 shares of the company’s stock valued at $2,219,000 after buying an additional 726 shares during the last quarter. Finally, Parallel Advisors LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at approximately $213,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA:SPMD opened at $57.43 on Thursday. The company has a market cap of $14.08 billion, a price-to-earnings ratio of 4.03 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $59.94. The stock’s 50 day simple moving average is $56.27 and its two-hundred day simple moving average is $53.34.

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.