RKL Wealth Management LLC Has $34.03 Million Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

RKL Wealth Management LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 7.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 594,975 shares of the company’s stock after purchasing an additional 40,432 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 2.9% of RKL Wealth Management LLC’s holdings, making the stock its 6th largest holding. RKL Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $34,027,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Creative Planning grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.6% during the second quarter. Creative Planning now owns 83,062,157 shares of the company’s stock worth $4,516,920,000 after buying an additional 2,922,150 shares in the last quarter. Vicus Capital grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4,002.1% during the 3rd quarter. Vicus Capital now owns 642,672 shares of the company’s stock worth $36,754,000 after acquiring an additional 627,005 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3,714.4% in the second quarter. Thrivent Financial for Lutherans now owns 627,323 shares of the company’s stock valued at $34,114,000 after purchasing an additional 610,877 shares during the last quarter. Hills Bank & Trust Co lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 96.5% in the second quarter. Hills Bank & Trust Co now owns 1,195,251 shares of the company’s stock worth $64,998,000 after purchasing an additional 586,903 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% during the second quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock worth $146,720,000 after purchasing an additional 555,823 shares during the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.4%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $62.98 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $43.99 and a 1-year high of $63.67. The company has a fifty day simple moving average of $60.87 and a 200 day simple moving average of $58.44. The company has a market cap of $16.52 billion, a P/E ratio of 4.42 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.