International Assets Investment Management LLC cut its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 77.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,177 shares of the company’s stock after selling 10,988 shares during the quarter. International Assets Investment Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $184,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of SPMD. JPMorgan Chase & Co. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock worth $7,772,000 after acquiring an additional 20,429 shares during the period. XTX Topco Ltd acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth about $206,000. Russell Investments Group Ltd. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock worth $142,000 after acquiring an additional 1,466 shares during the period. Brown Advisory Inc. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth about $228,000. Finally, Jump Financial LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth about $2,915,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.
SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.2%
Shares of NYSEARCA SPMD opened at $64.12 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $51.63 and a one year high of $65.85. The firm has a market capitalization of $17.10 billion, a PE ratio of 4.50 and a beta of 1.02. The business has a 50-day moving average price of $61.50 and a two-hundred day moving average price of $60.16.
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.
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