Total Clarity Wealth Management Inc. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 35.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,036 shares of the company’s stock after buying an additional 5,803 shares during the period. Total Clarity Wealth Management Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,198,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in SPMD. Exchange Traded Concepts LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at approximately $94,135,000. Farther Finance Advisors LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 131.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 971,121 shares of the company’s stock worth $52,809,000 after purchasing an additional 550,634 shares during the last quarter. Sun Life Financial Inc. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth approximately $25,119,000. Valmark Advisers Inc. lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4.3% during the 2nd quarter. Valmark Advisers Inc. now owns 6,643,917 shares of the company’s stock worth $361,296,000 after purchasing an additional 274,765 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth approximately $13,505,000. 61.70% of the stock is owned by institutional investors and hedge funds.
SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 2.8%
NYSEARCA:SPMD opened at $55.44 on Monday. The stock has a market cap of $14.00 billion, a P/E ratio of 3.89 and a beta of 1.13. The stock has a 50 day simple moving average of $56.80 and a 200 day simple moving average of $53.98. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $43.99 and a 1-year 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.
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