AF Advisors Inc. Invests $6.96 Million in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

AF Advisors Inc. acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 128,000 shares of the company’s stock, valued at approximately $6,961,000. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 2.4% of AF Advisors Inc.’s holdings, making the stock its 3rd largest position.

Other large investors have also recently modified their holdings of the company. Signaturefd LLC increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% in the second quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock worth $175,000 after buying an additional 557 shares during the period. Russell Investments Group Ltd. purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $59,000. Global Financial Private Client LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 13.3% during the 2nd quarter. Global Financial Private Client LLC now owns 12,196 shares of the company’s stock valued at $663,000 after purchasing an additional 1,431 shares during the period. 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. Finally, Butensky & Cohen Financial Security Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 4.6% during the 2nd quarter. Butensky & Cohen Financial Security Inc. now owns 19,027 shares of the company’s stock valued at $1,035,000 after acquiring an additional 841 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 Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $57.83 on Friday. The stock’s 50 day simple moving average is $57.14 and its two-hundred day simple moving average is $54.53. The stock has a market cap of $14.59 billion, a price-to-earnings ratio of 4.06 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $43.99 and a fifty-two week high of $59.94.

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.