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

Envestnet Portfolio Solutions Inc. grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 8.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 516,571 shares of the company’s stock after purchasing an additional 38,644 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $34,900,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Outlook Wealth Advisors LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% in the fourth quarter. Outlook Wealth Advisors LLC now owns 8,881 shares of the company’s stock valued at $514,000 after buying an additional 160 shares in the last quarter. Astoria Portfolio Advisors LLC. grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 2.8% during the first quarter. Astoria Portfolio Advisors LLC. now owns 6,258 shares of the company’s stock worth $400,000 after buying an additional 172 shares in the last quarter. Team Financial Group LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 11.5% during the first quarter. Team Financial Group LLC now owns 2,088 shares of the company’s stock worth $124,000 after buying an additional 216 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock worth $35,000 after acquiring an additional 228 shares during the period. Finally, Towercrest Capital Management increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 0.6% during the 1st quarter. Towercrest Capital Management now owns 43,958 shares of the company’s stock worth $2,603,000 after acquiring an additional 242 shares during the period. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.6%

NYSEARCA SPMD traded down $0.38 during midday trading on Wednesday, hitting $63.99. The company had a trading volume of 1,726,044 shares, compared to its average volume of 2,292,320. The company has a market capitalization of $18.60 billion, a PE ratio of 4.49 and a beta of 1.01. The firm 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 twelve month low of $54.53 and a twelve month high of $68.97.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.