MGO One Seven LLC Has $325,000 Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

MGO One Seven LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 16.8% in the 2nd quarter, Holdings Channel reports. The fund owned 5,969 shares of the company’s stock after buying an additional 857 shares during the period. MGO One Seven LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $325,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Valmark Advisers Inc. lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.3% in the second quarter. Valmark Advisers Inc. now owns 6,643,917 shares of the company’s stock valued at $361,296,000 after purchasing an additional 274,765 shares in the last quarter. Exchange Traded Concepts LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at $94,135,000. Wealthcare Advisory Partners LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 10.1% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,031,994 shares of the company’s stock worth $56,120,000 after acquiring an additional 94,311 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 131.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 971,121 shares of the company’s stock worth $52,809,000 after acquiring an additional 550,634 shares in the last quarter. Finally, First Command Advisory Services Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% during the 1st quarter. First Command Advisory Services Inc. now owns 954,186 shares of the company’s stock worth $48,835,000 after acquiring an additional 142,724 shares during the period. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD opened at $56.51 on Monday. The company has a market capitalization of $14.15 billion, a price-to-earnings ratio of 3.97 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $43.99 and a fifty-two week high of $59.94. The business’s 50-day moving average is $56.98 and its 200-day moving average is $54.18.

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.