Omnitrust Wealth Management Inc Invests $4.46 Million in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Omnitrust Wealth Management Inc bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 76,958 shares of the company’s stock, valued at approximately $4,457,000. SPDR Portfolio S&P 400 Mid Cap ETF comprises approximately 5.7% of Omnitrust Wealth Management Inc’s investment portfolio, making the stock its 5th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPMD. JPMorgan Chase & Co. lifted its position 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 purchasing 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 second quarter valued at $206,000. Russell Investments Group Ltd. lifted its position in 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 purchasing an additional 1,466 shares during the period. Brown Advisory Inc. acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at $228,000. Finally, Jump Financial LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at $2,915,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA SPMD opened at $64.84 on Monday. The company has a market capitalization of $17.29 billion, a PE ratio of 4.55 and a beta of 1.01. The company has a fifty day moving average of $63.16 and a 200 day moving average of $61.10. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $52.46 and a 1 year high of $66.31.

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.