SPDR Portfolio S&P 400 Mid Cap ETF $SPMD is Montz Harcus Wealth Management LLC’s 4th Largest Position

Montz Harcus Wealth Management LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 4.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 224,188 shares of the company’s stock after acquiring an additional 9,854 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 5.9% of Montz Harcus Wealth Management LLC’s investment portfolio, making the stock its 4th biggest position. Montz Harcus Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $12,191,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. MorganRosel Wealth Management LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth about $26,000. LRI Investments LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth about $26,000. American National Bank & Trust bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth about $58,000. Russell Investments Group Ltd. bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth about $59,000. Finally, Hilltop National Bank bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth about $97,000. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA SPMD opened at $57.64 on Friday. The company has a market cap of $14.50 billion, a P/E ratio of 4.05 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $59.94. The firm has a 50-day simple moving average of $56.67 and a two-hundred day simple moving average of $53.80.

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.