Mayflower Financial Advisors LLC Acquires Shares of 67,752 SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Mayflower Financial Advisors LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 67,752 shares of the company’s stock, valued at approximately $3,684,000.

Other institutional investors have also modified their holdings of the company. MorganRosel Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at about $26,000. LRI Investments LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at about $26,000. American National Bank & Trust acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at about $58,000. Russell Investments Group Ltd. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at about $59,000. Finally, Hilltop National Bank acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at about $97,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.9%

Shares of NYSEARCA SPMD opened at $57.53 on Wednesday. The company’s 50-day simple moving average is $57.21 and its 200-day simple moving average is $54.71. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $43.99 and a 52-week high of $59.94. The firm has a market cap of $14.51 billion, a price-to-earnings ratio of 4.04 and a beta of 1.07.

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.