TKG Advisors LLC Purchases 889 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

TKG Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,126 shares of the company’s stock after acquiring an additional 889 shares during the quarter. TKG Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,910,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Valmark Advisers Inc. lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4.3% during the second quarter. Valmark Advisers Inc. now owns 6,643,917 shares of the company’s stock worth $361,296,000 after acquiring an additional 274,765 shares during the period. Facet Wealth Inc. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 10.4% during the 2nd quarter. Facet Wealth Inc. now owns 2,726,120 shares of the company’s stock worth $150,618,000 after purchasing an additional 257,924 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock worth $146,720,000 after purchasing an additional 555,823 shares during the period. Exchange Traded Concepts LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $94,135,000. Finally, Hills Bank & Trust Co raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 96.5% during the 2nd quarter. Hills Bank & Trust Co now owns 1,195,251 shares of the company’s stock worth $64,998,000 after purchasing an additional 586,903 shares during the period. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock opened at $56.40 on Wednesday. The firm has a market cap of $14.19 billion, a price-to-earnings ratio of 3.96 and a beta of 1.07. 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 firm’s 50-day simple moving average is $57.25 and its two-hundred day simple moving average is $55.06.

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.