Dakota Wealth Management Has $18.91 Million Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Dakota Wealth Management lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 53.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 347,726 shares of the company’s stock after buying an additional 120,609 shares during the quarter. Dakota Wealth Management’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $18,909,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Spectrum Planning & Advisory Services Inc. increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.2% during the second quarter. Spectrum Planning & Advisory Services Inc. now owns 4,608 shares of the company’s stock worth $251,000 after buying an additional 185 shares during the period. Post Resch Tallon Group Inc. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% in the second quarter. Post Resch Tallon Group Inc. now owns 47,237 shares of the company’s stock worth $2,569,000 after purchasing an additional 187 shares during the period. Narus Financial Partners LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% in the second quarter. Narus Financial Partners LLC now owns 9,474 shares of the company’s stock worth $515,000 after purchasing an additional 205 shares during the period. Graypoint LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% in the first quarter. Graypoint LLC now owns 13,367 shares of the company’s stock worth $684,000 after purchasing an additional 220 shares during the period. Finally, Global Financial Private Client LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 2.3% in the first quarter. Global Financial Private Client LLC now owns 10,765 shares of the company’s stock worth $551,000 after purchasing an additional 243 shares during the period. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.7%

NYSEARCA:SPMD opened at $57.00 on Thursday. The stock has a market capitalization of $13.98 billion, a price-to-earnings ratio of 4.00 and a beta of 1.13. The firm has a fifty day simple moving average of $56.48 and a two-hundred day simple moving average of $53.51. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month 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.