SFG Wealth Management LLC. Grows Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

SFG Wealth Management LLC. raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 155.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,619 shares of the company’s stock after purchasing an additional 10,109 shares during the quarter. SFG Wealth Management LLC.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,123,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% in the second quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock worth $7,772,000 after purchasing an additional 20,429 shares in the last quarter. XTX Topco Ltd bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at $206,000. Russell Investments Group Ltd. lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock worth $142,000 after buying an additional 1,466 shares during the period. Brown Advisory Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter worth $228,000. Finally, Jump Financial LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $2,915,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.2%

SPMD opened at $66.47 on Friday. The company has a market capitalization of $18.39 billion, a price-to-earnings ratio of 4.67 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $54.53 and a 12-month high of $68.97. The business’s fifty day simple moving average is $66.82 and its 200-day simple moving average is $64.34.

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.