Precision Wealth Strategies LLC Purchases Shares of 9,707 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Precision Wealth Strategies LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 9,707 shares of the company’s stock, valued at approximately $528,000.

Several other large investors have also made changes to their positions in SPMD. MorganRosel Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter valued at approximately $26,000. LRI Investments LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at approximately $26,000. American National Bank & Trust bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at approximately $58,000. Russell Investments Group Ltd. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth $59,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter worth $103,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA:SPMD opened at $57.39 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $59.94. The company has a fifty day moving average price of $56.61 and a 200 day moving average price of $53.72. The stock has a market cap of $14.07 billion, a P/E ratio of 4.03 and a beta of 1.13.

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.