Envestnet Portfolio Solutions Inc. Buys 38,644 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Envestnet Portfolio Solutions Inc. lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 8.1% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 516,571 shares of the company’s stock after buying an additional 38,644 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.18% of SPDR Portfolio S&P 400 Mid Cap ETF worth $34,900,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fifth Third Bancorp lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% during the first quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock worth $16,806,000 after acquiring an additional 53,264 shares during the last quarter. Jordan Park Group LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at approximately $504,000. Marathon Strategic Advisors LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.5% in the first quarter. Marathon Strategic Advisors LLC now owns 326,708 shares of the company’s stock valued at $19,348,000 after purchasing an additional 25,476 shares during the last quarter. Waverly Advisors LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 12.4% during the first quarter. Waverly Advisors LLC now owns 467,052 shares of the company’s stock worth $27,659,000 after purchasing an additional 51,578 shares during the period. Finally, Great Valley Advisor Group Inc. increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.1% during the fourth quarter. Great Valley Advisor Group Inc. now owns 682,016 shares of the company’s stock worth $39,496,000 after purchasing an additional 26,649 shares during the period. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD traded down $0.38 during trading on Wednesday, hitting $63.99. The stock had a trading volume of 1,726,044 shares, compared to its average volume of 2,292,320. The company has a 50 day moving average price of $66.41 and a 200-day moving average price of $64.52. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $54.53 and a one year high of $68.97. The firm has a market cap of $18.60 billion, a price-to-earnings ratio of 4.49 and a beta of 1.01.

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.