Resonant Capital Advisors LLC Has $5.96 Million Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Resonant Capital Advisors LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 25.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,559 shares of the company’s stock after purchasing an additional 22,069 shares during the period. Resonant Capital Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $5,958,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Guardian Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth about $209,000. AF Advisors Inc. bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at approximately $6,961,000. Ranch Capital Advisors Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 9.6% during the 2nd quarter. Ranch Capital Advisors Inc. now owns 14,507 shares of the company’s stock worth $789,000 after acquiring an additional 1,275 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 109,700 shares of the company’s stock worth $5,965,000 after acquiring an additional 16,400 shares during the last quarter. Finally, Carnegie Investment Counsel grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.6% during the 2nd quarter. Carnegie Investment Counsel now owns 136,985 shares of the company’s stock worth $7,449,000 after acquiring an additional 3,411 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.6%

NYSEARCA SPMD opened at $57.83 on Friday. The firm’s 50 day moving average is $57.14 and its 200-day moving average is $54.53. The company has a market capitalization of $14.59 billion, a PE ratio of 4.06 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $59.94.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.