SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Acquired by World Investment Advisors

World Investment Advisors lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMDFree Report) by 196.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,811 shares of the company’s stock after purchasing an additional 57,518 shares during the period. World Investment Advisors’ holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $5,141,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock worth $7,772,000 after purchasing an additional 20,429 shares in the last quarter. XTX Topco Ltd purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at about $206,000. Russell Investments Group Ltd. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% during the second quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock valued at $142,000 after buying an additional 1,466 shares in the last quarter. Brown Advisory Inc. acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth about $228,000. Finally, Jump Financial LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth about $2,915,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $66.65 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $53.73 and a fifty-two week high of $67.68. The firm’s 50 day simple moving average is $65.23 and its 200-day simple moving average is $62.34. The company has a market cap of $18.17 billion, a P/E ratio of 4.68 and a beta of 1.00.

About SPDR Portfolio S&P 400 Mid Cap ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

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