Luminist Capital LLC Invests $3.22 Million in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Luminist Capital LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 58,553 shares of the company’s stock, valued at approximately $3,223,000. SPDR Portfolio S&P 400 Mid Cap ETF makes up 3.2% of Luminist Capital LLC’s holdings, making the stock its 13th largest position.

Other institutional investors also recently bought and sold shares of the company. Allworth Financial LP boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% during the 2nd quarter. Allworth Financial LP now owns 233,079 shares of the company’s stock valued at $12,675,000 after acquiring an additional 19,021 shares in the last quarter. Signaturefd LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% in 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. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 109,700 shares of the company’s stock valued at $5,965,000 after purchasing an additional 16,400 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at approximately $59,000. Finally, Wealthcare Capital Partners LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 4.9% in the second quarter. Wealthcare Capital Partners LLC now owns 41,267 shares of the company’s stock worth $2,244,000 after purchasing an additional 1,933 shares during the period. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.4%

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $57.60 on Wednesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $59.08. The firm has a market capitalization of $14.43 billion, a P/E ratio of 4.04 and a beta of 1.07. The business has a fifty day simple moving average of $56.94 and a two-hundred day simple moving average of $55.87.

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.