Envestnet Portfolio Solutions Inc. Boosts Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Envestnet Portfolio Solutions Inc. increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 413,728 shares of the company’s stock after purchasing an additional 15,485 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $23,661,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Signet Financial Management LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 29.7% in the 2nd quarter. Signet Financial Management LLC now owns 29,663 shares of the company’s stock worth $1,613,000 after buying an additional 6,793 shares during the last quarter. Spectrum Planning & Advisory Services Inc. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.2% during the 2nd quarter. Spectrum Planning & Advisory Services Inc. now owns 4,608 shares of the company’s stock valued at $251,000 after acquiring an additional 185 shares during the last quarter. Meridian Financial LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.4% in the second quarter. Meridian Financial LLC now owns 30,901 shares of the company’s stock worth $1,680,000 after acquiring an additional 1,012 shares during the period. Octavia Wealth Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.0% during the second quarter. Octavia Wealth Advisors LLC now owns 173,720 shares of the company’s stock valued at $9,447,000 after purchasing an additional 1,789 shares during the last quarter. Finally, Dakota Wealth Management raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 53.1% during the second quarter. Dakota Wealth Management now owns 347,726 shares of the company’s stock valued at $18,909,000 after purchasing an additional 120,609 shares during the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.0%

Shares of SPMD stock opened at $61.73 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $62.33. The stock has a market capitalization of $16.14 billion, a P/E ratio of 4.33 and a beta of 1.07. The firm’s 50 day moving average is $58.72 and its 200 day moving average is $57.34.

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.