Luminist Capital LLC Buys Shares of 58,553 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Luminist Capital LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 58,553 shares of the company’s stock, valued at approximately $3,223,000. SPDR Portfolio S&P 400 Mid Cap ETF accounts for about 3.2% of Luminist Capital LLC’s portfolio, making the stock its 13th largest holding.

A number of other hedge funds also recently modified their holdings of SPMD. Allworth Financial LP lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% during the 2nd quarter. Allworth Financial LP now owns 233,079 shares of the company’s stock valued at $12,675,000 after buying an additional 19,021 shares during the last quarter. Signaturefd LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% in the 2nd quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock worth $175,000 after acquiring an additional 557 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 109,700 shares of the company’s stock valued at $5,965,000 after acquiring an additional 16,400 shares during the period. Russell Investments Group Ltd. bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter valued at about $59,000. Finally, Wealthcare Capital Partners LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4.9% during the second quarter. Wealthcare Capital Partners LLC now owns 41,267 shares of the company’s stock valued at $2,244,000 after purchasing an additional 1,933 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.4%

SPMD opened at $57.60 on Wednesday. The company has a market capitalization of $14.43 billion, a price-to-earnings ratio of 4.04 and a beta of 1.07. The firm has a 50-day moving average price of $56.94 and a 200-day moving average price of $55.87. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.08.

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.