Oarsman Capital Inc. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 36.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 204,449 shares of the company’s stock after acquiring an additional 54,547 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 1.7% of Oarsman Capital Inc.’s portfolio, making the stock its 13th biggest position. Oarsman Capital Inc. owned approximately 0.08% of SPDR Portfolio S&P 400 Mid Cap ETF worth $11,118,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. MorganRosel Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth $26,000. LRI Investments LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $26,000. American National Bank & Trust purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at about $58,000. Russell Investments Group Ltd. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $59,000. Finally, Hilltop National Bank acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at about $97,000. Institutional investors and hedge funds own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.9%
NYSEARCA:SPMD opened at $57.53 on Wednesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $43.99 and a 52 week high of $59.94. The stock has a market capitalization of $14.51 billion, a PE ratio of 4.04 and a beta of 1.07. The stock’s 50-day moving average price is $57.21 and its 200-day moving average price is $54.71.
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.
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