SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Newly Acquired by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 3rd quarter, Holdings Channel reports. The fund purchased 78,600 shares of the company’s stock, valued at approximately $4,955,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mather Group LLC. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $27,000. Ascentis Independent Advisors acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter worth $29,000. Independence Bank of Kentucky acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth $32,000. Curry Webb Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at $33,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock valued at $35,000 after acquiring an additional 228 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD stock traded up $0.39 during midday trading on Friday, reaching $63.17. 3,728,082 shares of the stock were exchanged, compared to its average volume of 2,304,519. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $54.53 and a 52 week high of $68.97. The company has a fifty day moving average price of $64.38 and a 200 day moving average price of $64.06. The stock has a market capitalization of $18.39 billion, a PE ratio of 4.44 and a beta of 1.01.

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.