Global Assets Advisory LLC Acquires Shares of 15,531 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Global Assets Advisory LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 1st quarter, Holdings Channel reports. The fund purchased 15,531 shares of the company’s stock, valued at approximately $920,000.

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

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.1%

Shares of NYSEARCA:SPMD traded down $0.05 during trading on Friday, hitting $66.29. The stock had a trading volume of 1,339,991 shares, compared to its average volume of 2,655,365. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $53.73 and a 12-month high of $67.68. The stock has a market capitalization of $18.13 billion, a price-to-earnings ratio of 4.66 and a beta of 1.00. The stock has a 50-day simple moving average of $65.50 and a two-hundred day simple moving average of $62.58.

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.