22,233 Shares in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Purchased by SMART Wealth LLC

SMART Wealth LLC purchased a new stake 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 Securities & Exchange Commission. The institutional investor purchased 22,233 shares of the company’s stock, valued at approximately $1,502,000.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% in the second quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock valued at $7,772,000 after acquiring an additional 20,429 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter worth approximately $206,000. Russell Investments Group Ltd. raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock worth $142,000 after purchasing an additional 1,466 shares during the period. Brown Advisory Inc. purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at approximately $228,000. Finally, Jump Financial LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at approximately $2,915,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.2%

Shares of NYSEARCA SPMD opened at $66.47 on Friday. The stock has a fifty day simple moving average of $66.82 and a two-hundred day simple moving average of $64.34. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $54.53 and a 1-year high of $68.97. The firm has a market cap of $18.39 billion, a price-to-earnings ratio of 4.67 and a beta of 1.01.

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.