Total Clarity Wealth Management Inc. Decreases Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Total Clarity Wealth Management Inc. cut its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 23.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,014 shares of the company’s stock after selling 12,959 shares during the period. Total Clarity Wealth Management Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,488,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% in the second quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock worth $7,772,000 after acquiring an additional 20,429 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at approximately $206,000. Russell Investments Group Ltd. boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock valued at $142,000 after buying an additional 1,466 shares during the last quarter. Brown Advisory Inc. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at approximately $228,000. Finally, Jump Financial LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth approximately $2,915,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.1%

Shares of NYSEARCA:SPMD opened at $66.65 on Tuesday. The firm has a market cap of $17.77 billion, a PE ratio of 4.68 and a beta of 1.01. The company has a fifty day simple moving average of $64.57 and a 200 day simple moving average of $61.82. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $52.46 and a 12-month high of $67.68.

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.