Thrivent Financial for Lutherans Raises Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Thrivent Financial for Lutherans grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3,714.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 627,323 shares of the company’s stock after acquiring an additional 610,877 shares during the period. Thrivent Financial for Lutherans’ holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $34,114,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Allworth Financial LP boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% in the 2nd quarter. Allworth Financial LP now owns 233,079 shares of the company’s stock valued at $12,675,000 after buying an additional 19,021 shares during the period. Signaturefd LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% in the second quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock worth $175,000 after acquiring an additional 557 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 109,700 shares of the company’s stock worth $5,965,000 after acquiring an additional 16,400 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter valued at approximately $59,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at approximately $679,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.2%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $58.76 on Tuesday. The stock has a market cap of $14.72 billion, a P/E ratio of 4.13 and a beta of 1.07. The company has a fifty day simple moving average of $57.17 and a 200-day simple moving average of $56.22. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $59.78.

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.