Impact Partnership Wealth LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 8.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 490,448 shares of the company’s stock after buying an additional 40,226 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 4.9% of Impact Partnership Wealth LLC’s portfolio, making the stock its 5th biggest holding. Impact Partnership Wealth LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $26,671,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 32.0% during the 1st quarter. Golden State Wealth Management LLC now owns 68,684 shares of the company’s stock worth $3,515,000 after acquiring an additional 16,670 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 64.0% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 93,300 shares of the company’s stock worth $4,775,000 after purchasing an additional 36,400 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 113.6% in the 1st quarter. Bank of New York Mellon Corp now owns 16,980 shares of the company’s stock worth $869,000 after buying an additional 9,029 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter worth approximately $13,505,000. Finally, Exchange Capital Management Inc. lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 9.3% in the first quarter. Exchange Capital Management Inc. now owns 205,914 shares of the company’s stock worth $10,539,000 after buying an additional 17,544 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.6%
SPMD stock opened at $57.18 on Thursday. 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 firm has a market cap of $14.43 billion, a price-to-earnings ratio of 4.02 and a beta of 1.07. The business’s fifty day simple moving average is $57.24 and its two-hundred day simple moving average is $54.77.
SPDR Portfolio S&P 400 Mid Cap ETF 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.
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