Envestnet Portfolio Solutions Inc. Purchases 21,102 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Envestnet Portfolio Solutions Inc. grew its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 5.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 434,830 shares of the company’s stock after purchasing an additional 21,102 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $25,181,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock valued at $7,772,000 after buying an additional 20,429 shares during the period. XTX Topco Ltd acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $206,000. Russell Investments Group Ltd. lifted its holdings 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 in the last quarter. Brown Advisory Inc. bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth about $228,000. Finally, Jump Financial LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at about $2,915,000. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $63.25 on Tuesday. The company has a market capitalization of $16.87 billion, a P/E ratio of 4.44 and a beta of 1.02. The business has a 50-day moving average of $61.60 and a two-hundred day moving average of $60.29. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $51.63 and a 1 year high of $65.85.

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.