Royal Bank of Canada grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 8.9% during the first quarter, HoldingsChannel.com reports. The fund owned 865,545 shares of the company’s stock after buying an additional 70,796 shares during the quarter. Royal Bank of Canada’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $51,257,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Ascentis Independent Advisors purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth about $29,000. Realta Investment Advisors grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% during the first quarter. Realta Investment Advisors now owns 513 shares of the company’s stock valued at $30,000 after buying an additional 340 shares during the period. Stone House Investment Management LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after buying an additional 197 shares during the period. Elyxium Wealth LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter valued at approximately $31,000. Finally, Optima Capital LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter valued at approximately $33,000. 61.70% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
SPMD opened at $65.98 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $53.73 and a 1-year high of $67.68. The company has a market capitalization of $18.25 billion, a PE ratio of 4.63 and a beta of 1.00. The firm’s 50 day simple moving average is $66.12 and its two-hundred day simple moving average is $63.34.
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.
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Want to see what other hedge funds are holding SPMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report).
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