Dorsey & Whitney Trust CO LLC Takes Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Dorsey & Whitney Trust CO LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 14,024 shares of the company’s stock, valued at approximately $763,000.

Several other institutional investors have also bought and sold shares of the stock. Allworth Financial LP boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% in the 2nd quarter. Allworth Financial LP now owns 233,079 shares of the company’s stock valued at $12,675,000 after purchasing an additional 19,021 shares in the last quarter. Signaturefd LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% during the 2nd quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock valued at $175,000 after purchasing an additional 557 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 109,700 shares of the company’s stock valued at $5,965,000 after buying an additional 16,400 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at about $59,000. Finally, Wealthcare Capital Partners LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 4.9% during the second quarter. Wealthcare Capital Partners LLC now owns 41,267 shares of the company’s stock worth $2,244,000 after buying an additional 1,933 shares during the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.3%

NYSEARCA SPMD opened at $55.40 on Wednesday. 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 company has a 50 day moving average of $57.08 and a 200-day moving average of $55.55. The firm has a market cap of $13.88 billion, a price-to-earnings ratio of 3.89 and a beta of 1.07.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.