SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Stock: KWB Wealth Boosts Holdings

KWB Wealth lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 6.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 148,811 shares of the company’s stock after acquiring an additional 9,323 shares during the period. KWB Wealth’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $9,381,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SPMD. Astoria Portfolio Advisors LLC. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.8% in the 1st quarter. Astoria Portfolio Advisors LLC. now owns 6,258 shares of the company’s stock valued at $400,000 after purchasing an additional 172 shares during the last quarter. Team Financial Group LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 11.5% in the first quarter. Team Financial Group LLC now owns 2,088 shares of the company’s stock valued at $124,000 after buying an additional 216 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% during the first quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock worth $35,000 after buying an additional 228 shares during the last quarter. Towercrest Capital Management grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.6% during the first quarter. Towercrest Capital Management now owns 43,958 shares of the company’s stock worth $2,603,000 after buying an additional 242 shares during the last quarter. Finally, NorthRock Partners LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 7.1% during the second quarter. NorthRock Partners LLC now owns 3,946 shares of the company’s stock worth $267,000 after buying an additional 260 shares during the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD traded down $0.60 during trading hours on Friday, reaching $63.38. The stock had a trading volume of 2,173,731 shares, compared to its average volume of 2,254,039. 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 stock has a market capitalization of $18.16 billion, a PE ratio of 4.45 and a beta of 1.02. The company’s 50-day moving average is $65.45 and its two-hundred day moving average is $65.06.

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.