HHM Wealth Advisors LLC Raises Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

HHM Wealth Advisors LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 6.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 860,852 shares of the company’s stock after purchasing an additional 49,020 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF accounts for about 5.6% of HHM Wealth Advisors LLC’s holdings, making the stock its 4th biggest position. HHM Wealth Advisors LLC owned 0.35% of SPDR Portfolio S&P 400 Mid Cap ETF worth $46,813,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Creative Planning grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.6% in the 2nd quarter. Creative Planning now owns 83,062,157 shares of the company’s stock valued at $4,516,920,000 after buying an additional 2,922,150 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at $94,135,000. Hills Bank & Trust Co grew its position in shares of 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 purchasing an additional 586,903 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of 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 valued at $146,720,000 after purchasing an additional 555,823 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in 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 purchasing an additional 550,634 shares in the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.3%

SPMD stock opened at $55.40 on Wednesday. The stock has a 50-day simple moving average of $57.08 and a two-hundred day simple moving average of $55.55. The firm has a market capitalization of $13.88 billion, a PE ratio of 3.89 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.94.

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.