Sumitomo Mitsui Trust Group Inc. Acquires 78,600 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Sumitomo Mitsui Trust Group Inc. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 78,600 shares of the company’s stock, valued at approximately $4,955,000.

A number of other institutional investors have also recently modified their holdings of SPMD. Stevens Capital Partners grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 5.7% during the third quarter. Stevens Capital Partners now owns 53,893 shares of the company’s stock worth $3,397,000 after buying an additional 2,906 shares in the last quarter. Vise Technologies Inc. lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 35.2% during the 3rd quarter. Vise Technologies Inc. now owns 35,656 shares of the company’s stock worth $2,248,000 after acquiring an additional 9,276 shares during the period. Intrua Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 55.8% during the 3rd quarter. Intrua Financial LLC now owns 70,485 shares of the company’s stock worth $4,443,000 after acquiring an additional 25,246 shares during the period. MGO One Seven LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 14.8% during the 3rd quarter. MGO One Seven LLC now owns 3,532 shares of the company’s stock worth $223,000 after acquiring an additional 456 shares during the period. Finally, Modera Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth approximately $6,801,000. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA SPMD traded up $0.39 during trading hours on Friday, hitting $63.17. 3,728,082 shares of the stock were exchanged, compared to its average volume of 2,304,519. The company’s fifty day simple moving average is $64.38 and its two-hundred day simple moving average is $64.06. The company has a market cap of $18.39 billion, a PE ratio of 4.44 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $54.53 and a 1-year high of $68.97.

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.