Nwam LLC Buys New Shares in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Nwam LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the second quarter, according to its most recent filing with the SEC. The firm purchased 5,231 shares of the company’s stock, valued at approximately $292,000.

Several other hedge funds have also recently made changes to their positions in SPMD. Exchange Traded Concepts LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at about $94,135,000. Hills Bank & Trust Co lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 96.5% in the second quarter. Hills Bank & Trust Co now owns 1,195,251 shares of the company’s stock valued at $64,998,000 after buying an additional 586,903 shares during the period. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% in the second quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock valued at $146,720,000 after buying an additional 555,823 shares during the period. Farther Finance Advisors LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 131.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 971,121 shares of the company’s stock worth $52,809,000 after buying an additional 550,634 shares during the period. Finally, Sun Life Financial Inc. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth approximately $25,119,000. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 1.9%

NYSEARCA:SPMD opened at $56.37 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.94. The company has a fifty day moving average of $57.21 and a 200-day moving average of $55.37. The firm has a market capitalization of $14.12 billion, a P/E ratio of 3.96 and a beta of 1.07.

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.