Rockefeller Capital Management L.P. Boosts Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Rockefeller Capital Management L.P. lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 10.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 285,956 shares of the company’s stock after purchasing an additional 26,994 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $15,550,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPMD. Bank of New York Mellon Corp lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 113.6% in the first quarter. Bank of New York Mellon Corp now owns 16,980 shares of the company’s stock valued at $869,000 after buying an additional 9,029 shares during the last quarter. Crestwood Advisors Group LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter worth $3,476,000. Madison Asset Management LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.6% in the 1st quarter. Madison Asset Management LLC now owns 48,524 shares of the company’s stock valued at $2,483,000 after buying an additional 302 shares during the period. Richardson Financial Services Inc. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 9.6% during the 1st quarter. Richardson Financial Services Inc. now owns 19,838 shares of the company’s stock worth $1,015,000 after acquiring an additional 1,739 shares in the last quarter. Finally, Motco purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $788,000. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA:SPMD opened at $55.40 on Wednesday. The firm has a market capitalization of $13.88 billion, a PE ratio of 3.89 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $59.94. The firm’s 50-day moving average is $57.08 and its two-hundred day moving average is $55.55.

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.