Oarsman Capital Inc. Has $25.07 Million Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Oarsman Capital Inc. grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 114.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 438,325 shares of the company’s stock after purchasing an additional 233,876 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 3.5% of Oarsman Capital Inc.’s investment portfolio, making the stock its 6th biggest position. Oarsman Capital Inc. owned 0.17% of SPDR Portfolio S&P 400 Mid Cap ETF worth $25,068,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SPMD. Bank of Montreal Can lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 16.9% in the second quarter. Bank of Montreal Can now owns 11,088 shares of the company’s stock worth $603,000 after buying an additional 1,600 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 12.8% during the 2nd quarter. Foundations Investment Advisors LLC now owns 5,043 shares of the company’s stock valued at $274,000 after buying an additional 574 shares in the last quarter. Cetera Investment Advisers grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 5.3% during the 2nd quarter. Cetera Investment Advisers now owns 289,056 shares of the company’s stock valued at $15,719,000 after buying an additional 14,655 shares in the last quarter. Citizens Financial Group Inc. RI increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 13.1% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 22,951 shares of the company’s stock worth $1,248,000 after acquiring an additional 2,655 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% in the 2nd quarter. Kingsview Wealth Management LLC now owns 28,538 shares of the company’s stock worth $1,552,000 after acquiring an additional 835 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD opened at $59.65 on Wednesday. The stock has a market capitalization of $15.65 billion, a price-to-earnings ratio of 4.19 and a beta of 1.07. 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 business’s 50 day simple moving average is $61.42 and its 200-day simple moving average is $58.90.

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.