Western Wealth Management LLC Acquires 34,458 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Western Wealth Management LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMDFree Report) by 18.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 216,438 shares of the company’s stock after purchasing an additional 34,458 shares during the quarter. Western Wealth Management LLC owned approximately 0.08% of SPDR Portfolio S&P 400 Mid Cap ETF worth $12,817,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% during the second quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock valued at $7,772,000 after acquiring an additional 20,429 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth $206,000. Russell Investments Group Ltd. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% during the second quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock worth $142,000 after acquiring an additional 1,466 shares during the last quarter. Brown Advisory Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at approximately $228,000. Finally, Jump Financial LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at $2,915,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.9%

NYSEARCA SPMD opened at $66.03 on Friday. The stock has a market cap of $18.26 billion, a PE ratio of 4.64 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $53.73 and a twelve month high of $67.68. The stock has a fifty day simple moving average of $66.09 and a 200-day simple moving average of $63.30.

SPDR Portfolio S&P 400 Mid Cap ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

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