Impact Partnership Wealth LLC Buys 87,463 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Impact Partnership Wealth LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 17.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 577,911 shares of the company’s stock after acquiring an additional 87,463 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 4.9% of Impact Partnership Wealth LLC’s investment portfolio, making the stock its 4th biggest position. Impact Partnership Wealth LLC owned approximately 0.23% of SPDR Portfolio S&P 400 Mid Cap ETF worth $33,051,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% during the 2nd quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock valued at $175,000 after purchasing an additional 557 shares during the period. Truist Financial Corp raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1,016.6% in the second quarter. Truist Financial Corp now owns 151,567 shares of the company’s stock worth $8,242,000 after acquiring an additional 137,993 shares in the last quarter. Precision Wealth Strategies LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at about $528,000. RKL Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 15.3% in the 2nd quarter. RKL Wealth Management LLC now owns 554,543 shares of the company’s stock worth $30,156,000 after purchasing an additional 73,729 shares during the last quarter. Finally, Pure Financial Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.5% in the 2nd quarter. Pure Financial Advisors LLC now owns 72,779 shares of the company’s stock worth $3,958,000 after purchasing an additional 2,453 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $60.81 on Friday. The firm has a market cap of $15.92 billion, a price-to-earnings ratio of 4.27 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $62.33. The firm’s 50 day moving average price is $59.28 and its two-hundred day moving average price is $57.53.

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.