Penserra Capital Management LLC Acquires 7,650 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Penserra Capital Management LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 301,825 shares of the company’s stock after purchasing an additional 7,650 shares during the period. Penserra Capital Management LLC owned 0.12% of SPDR Portfolio S&P 400 Mid Cap ETF worth $16,413,000 at the end of the most recent quarter.

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

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 1.2%

SPMD opened at $56.90 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 $55.20. The stock has a market cap of $14.25 billion, a PE ratio of 4.00 and a beta of 1.07.

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.