American National Bank & Trust Makes New Investment in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

American National Bank & Trust bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,059 shares of the company’s stock, valued at approximately $58,000.

A number of other hedge funds have also added to or reduced their stakes in SPMD. Exchange Traded Concepts LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at about $94,135,000. Farther Finance Advisors LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 131.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 971,121 shares of the company’s stock valued at $52,809,000 after buying an additional 550,634 shares in the last quarter. Sun Life Financial Inc. purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $25,119,000. Financial Gravity Asset Management Inc. purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $13,505,000. Finally, Retirement Income Solutions Inc grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 60.4% during the 2nd quarter. Retirement Income Solutions Inc now owns 603,915 shares of the company’s stock valued at $32,841,000 after buying an additional 227,354 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 1.0%

SPMD stock opened at $57.25 on Friday. The firm has a market capitalization of $14.04 billion, a PE ratio of 4.02 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.94. The stock has a 50-day simple moving average of $56.53 and a two-hundred day simple moving average of $53.61.

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.