Northern Capital Management Inc. boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 4.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 13,764 shares of the company’s stock after acquiring an additional 538 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 0.4% of Northern Capital Management Inc.’s portfolio, making the stock its 20th largest position. Northern Capital Management Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $748,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPMD. MorganRosel Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth about $26,000. LRI Investments LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth about $26,000. American National Bank & Trust acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth about $58,000. Russell Investments Group Ltd. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth about $59,000. Finally, Hilltop National Bank acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth about $97,000. Institutional investors and hedge funds own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.2%
Shares of SPMD stock opened at $56.51 on Friday. The stock has a market cap of $14.15 billion, a PE ratio of 3.97 and a beta of 1.13. The business has a 50-day simple moving average of $56.98 and a 200-day simple moving average of $54.14. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $43.99 and a 52-week high of $59.94.
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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