Jacksonville Wealth Management LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 23.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,273 shares of the company’s stock after acquiring an additional 22,736 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 4.0% of Jacksonville Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Jacksonville Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $7,645,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% during the 1st quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock worth $16,806,000 after purchasing an additional 53,264 shares during the period. Waverly Advisors LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 12.4% during the 1st quarter. Waverly Advisors LLC now owns 467,052 shares of the company’s stock worth $27,659,000 after purchasing an additional 51,578 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 41.3% in the first quarter. Kestra Advisory Services LLC now owns 48,644 shares of the company’s stock valued at $2,881,000 after buying an additional 14,210 shares during the period. Luken Investment Analytics LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 31.7% in the second quarter. Luken Investment Analytics LLC now owns 71,712 shares of the company’s stock valued at $4,845,000 after buying an additional 17,271 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 8.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 516,571 shares of the company’s stock valued at $34,900,000 after buying an additional 38,644 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.6%
Shares of SPMD stock opened at $65.34 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $54.53 and a fifty-two week high of $68.97. The firm’s 50 day moving average price is $64.55 and its two-hundred day moving average price is $64.04. The stock has a market cap of $18.95 billion, a price-to-earnings ratio of 4.59 and a beta of 1.01.
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.
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